$10,140,000 8.50% CAP
$10,450,000 8.25% CAP $10,775,000 8.00% CAP
NOI LEASE TYPES YEAR BUILT LOT SIZE
2009
STRENGTHS
$861,877 Gross/NNN 3.70 Acres
- On Hard Corner of Airline & Bluebonnet Offering High Traffic Counts
- Excellent Visibility & Frontage Along Airline Hwy
- Surrounded by Major Retailers Such as Costco & Home Depot
- Large Pylon Sign for Tenants
- 75% Occupied Creating Potential Upside
CHALLENGES
- Hard To Replace Government Rents
- Large Vacant Space – Smaller Tenant Pool Seeking that Size of Space
BUYER POOL
- Local, Regional, National, & International Private Capital Buyers, Many of Whom are in 1031 Exchanges
- Institutional Capital Targeting Quality, Stabilized Real Estate
QUALIFICATIONS
- STRIVE: Most Active Retail Team in Texas & Surrounding States
- Track Record: We Close Transactions - Sold More Than 1,200 Retail Transactions
- STRIVE Team Controls the Entire Process - Underwriting & Financial Analysts, Full Marketing Dept, Transaction Coordinators, and Team of Agents to Ensure High Probability of Closing
- 100% Cooperation – More Buyers - More Offers = Higher Price
- Ability to Source Qualified Debt Thru High Street Capital
RECOMMENDATIONS & TIMING
- Sell Now to Take Advantage of the Current Market Before Interest Rates Increase Further and Capitalize on 1031 Buyers
- If Awarded the Assignment, We Can Be on the Market Within One Week and Closed Within Our Average List-to-Close Time Frame of 5-6 Months
