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907 Alamo Road 4,754 SF Retail Building Alamo, TX 78516 $6,111,000 ($1,285.44/SF) 5.15% Cap Rate
Investment Highlights
- 2025 Construction. 4,824+/- SF Building on 1.862+/- Acre Site
- Near Several Schools Including: South Texas College (31,000 students) & University of Texas Rio Grande Valley (32,419 Students)
- 7-Eleven Is the Largest Convenience Retailer in the World with 85,000+ Stores in 20 Countries
- High-Performing Retail Corridor Anchored by Walmart and H-E-B – At Intersection of S Alamo Rd & Ridge Rd (23,802+ Combined VPD)
- Close Proximity to Many Major Regional Demand Drivers in the McAllen–Edinburg–Mission MSA
- Alamo | McAllen–Edinburg–Mission MSA – Top-Growth South Texas Market | Population: 21,000+
Executive Summary
New 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years in both the Primary Term and Option Periods
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,754 SF
Building Class
B
Year Built
2023
Price
$6,111,000
Price Per SF
$1,285.44
Cap Rate
5.15%
NOI
$314,717
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.78 AC
Property Taxes
| Parcel Number | A1800-00-032-0011-00 | Improvements Assessment | $0 |
| Land Assessment | $2,090 | Total Assessment | $2,090 |
Property Taxes
Parcel Number
A1800-00-032-0011-00
Land Assessment
$2,090
Improvements Assessment
$0
Total Assessment
$2,090
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907 Alamo Road
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