203 North Mechanic Street, El Campo, TX, USA
$5,016,667 6.00% Cap 14,820 sq ft Built 2006 Representative Photo Print This Page


203 North Mechanic Street, El Campo, TX, USA

Price: $5,016,667
Cap Rate: 6.00%
Net Operating Income: $301,000
Square Footage: 14,820
Lot Size: 1.83 AC
Year Built: 2006
2019 Reported Sales: $1,973,447
2020 Reported Sales: $2,061,624

100% Fee Simple InterestAbsolute NNN LeaseIncome Tax Free StateLocated on a Major Commercial ThoroughfareLong Term NNN LeaseSurrounded by Major RetailersZero Landlord Obligations

The subject offering is a fee simple interest in an absolute net leased Walgreens in El Campo, TX. The long term lease calls for zero landlord obligations. The tenant has ten 5 year options to renew. The subject property is well situated on a major commercial thoroughfare and is located at a signalized intersection. Nearby retailers include HEB and True Value Hardware.
2019 Reported Sales: $1,973,447
2020 Reported Sales: $2,061,624

El Campo is a city in Wharton County, Texas, United States. The population was 11,602 at the 2010 Census, making it the largest city in Wharton County.

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    presented by

    Kase Abusharkh Founding Principal View profile
    Jacob Abusharkh Managing Principal View profile
    Robert Walker Director View profile
    Will Howard Investment Sales View profile

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