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Miscellaneous

Fred Loya Insurance Rio Grande City

5472 E US Hwy 83, Rio Grande City, TX 78582

Listing Price: $595,000

Cap Rate
7.48%
Tenant Name
Fred Loya Insurance Agency
Years Remaining On Lease
4.5
Guarantor
Corporate Guarantee
Rentable SF
2,936
Lease Type
Double Net
Rent Per Square Feet
$15.41

Investment Overview

We are pleased to present this opportunity for an investor to acquire a corporately guaranteed Fred Loya Insurance property located in Rio Grande City, Texas. The 2,936-square-foot building was constructed in 2004 with just under less years remaining on their third, and latest, lease renewal. The property has been well-maintained, and has an advantageous located at a highly visible, signalized intersection of the city’s main artery. This offering is an excellent opportunity to own a strategic real estate location, with a long-standing, corporate tenant, in a fast growing area of Texas that is expected to realize future upside (Rio Grande Valley).

Investment Highlights

  • Corporate Guarantee
  • NN Lease
  • Long-Standing Tenant
  • Income Tax Free State
  • Low Landlord Responsibility

Exclusively Listed By

Miscellaneous

Fred Loya Insurance Rio Grande City

Listing Price: $595,000

Cap Rate
7.48%
Tenant Name
Fred Loya Insurance Agency
Years Remaining On Lease
4.5
Guarantor
Corporate Guarantee
Rentable SF
2,936
Lease Type
Double Net
Rent Per Square Feet
$15.41

Investment Highlights

  • Corporate Guarantee
  • NN Lease
  • Long-Standing Tenant
  • Income Tax Free State
  • Low Landlord Responsibility

Investment Overview

We are pleased to present this opportunity for an investor to acquire a corporately guaranteed Fred Loya Insurance property located in Rio Grande City, Texas. The 2,936-square-foot building was constructed in 2004 with just under less years remaining on their third, and latest, lease renewal. The property has been well-maintained, and has an advantageous located at a highly visible, signalized intersection of the city’s main artery. This offering is an excellent opportunity to own a strategic real estate location, with a long-standing, corporate tenant, in a fast growing area of Texas that is expected to realize future upside (Rio Grande Valley).

Exclusively Listed By

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