Financial Summary
| Asking Price | $2,311,685 |
| Cap Rate | 7.00% |
| Net Operating Income (NOI) | $161,818 |
| Lease Type | NNN |
| Lease Term Remaining | 6+ Years |
| Increases | 12% Every Year |
Highlights
- Absolute net lease property
- The lease is guaranteed by Cajun Operating Company, the third ranked quick service chicken chain
- The property consists of a 2,307 square feet building on 0.76 acres
- Dense retail corridor adjacent to forthcoming South Texas College development
- 20,921 vehicles passing the site daily
Net Lease Advisor
For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.
Location
3817 Pecan Boulevard
McAllen, TX
