Brookshire Brothers Anchored Center

Agent Info

Deno Bistolarides

248.702.0288
denob@encorereis.com

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Ryan Vinco

248.702.0299
ryan@encorereis.com

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Offering Information

20185 US-59
New Caney, TX 77357

  • Price: $4,200,000
  • Cap. Rate: 7.79%
  • NOI: $319,475
  • Building Size: 57,400SF
  • Lot Size: 7.61 AC

Investment Highlights

  • 57,400 Sqft Multi Tenant Retail Investment Situated on 6.88 Acres
  • 100% Occupied Anchored by Brookshire Brothers
  • Excellent Visibility From Heavily Traveled Interstate 69
  • Taco Bell Pad Constructed in 2013 with 20 Year Lease Included
  • Year-Over-Year Population Growth: Five Mile Radius 48,500
  • Investor Will Benefit from Income Tax-Free State
  • New Caney Is Located Just Thirty Miles Northeast of Downtown Houston
  • New Walmart Supercenter Opened July 2017 Providing 300 Jobs to New Caney Residents