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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
Convenience Store
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

Property Taxes

Parcel Number
A2215-00-000-0001-00
Land Assessment
$964,317
Improvements Assessment
$944,777
Total Assessment
$1,909,094
  • Listing ID: 26881593

  • Date on Market: 10/18/2022

  • Last Updated:

  • Address: 533 N Tower Rd, Alamo, TX 78516

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