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533 N Tower Rd
Alamo, TX 78516
Stripes · Retail Property For Sale
Investment Highlights
- Brand New 15 Year Corporate Abs. NNN Lease w/ 7.5% Rental Increases Every 5 Years
- Large Format 7-Eleven w/ a Laredo Taco, 50 ft LED Pylon Sign, 38 Parking Spaces, 3 High Speed Diesel Lanes, and 8 MPDs
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Hard Corner Location at the Signalized Intersection of E Expy 83 & Tower Rd (112K Combined VPD, 7.8 K Trucks Per Day)
- Located Less Than 1.5 Miles East of Mercadome Flea Market, the Largest Flea Market in the Rio Grande Valley
- Rio Grande Valley | One of the Fastest Growing Regions in the US | Population: 1,402,000+
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,650 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.64 AC
Zoning
C1 - Commercial
Parking
19 Spaces (4.08 Spaces per 1,000 SF Leased)
Frontage
59’ on North Tower Road
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | A2215-00-000-0001-00 | Improvements Assessment | $944,777 |
| Land Assessment | $964,317 | Total Assessment | $1,909,094 |
Property Taxes
Parcel Number
A2215-00-000-0001-00
Land Assessment
$964,317
Improvements Assessment
$944,777
Total Assessment
$1,909,094
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