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Grocery Store

H-E-B

100 Truly Plz, Cleveland, TX 77327

Listing Price: $5,300,000

Cap Rate
6.50%
Tenant Name
H-E-B
Years Remaining On Lease
4.7
Gross SF
36,580
Guarantor
Corporate Guarantee
Rentable SF
36,580
Price/Gross SF
$144.89
Lease Type
Absolute Net
Rent Per Square Feet
$9.42

Investment Overview

The subject property is an absolute NNN leased H-E-B located in Cleveland, Texas. The property is situated near the on/off ramp of I-69, which is part of a longer I-69 extension known as the NAFTA superhighway,
that, when completed, will connect Canada to Mexico.

Investment Highlights

  • Absolute NNN Lease
  • Corporate Lease with H-E-B
  • Store sales increasing last 4 years
  • Tenant has been at this location since 1983

Exclusively Listed By

  • Rich Merryman

    Executive Managing Director Investments

    (415) 625-2126

    Email Rich

    License(s): CA: 00934296

    San Francisco

  • Bill Schofield

    Senior Managing Director Investments

    (415) 625-2136

    Email Bill

    License(s): CA: 01239109

    San Francisco

  • Ryan Wilmer

    Senior Vice President Investments

    (415) 625-2162

    Email Ryan

    License(s): CA: 01815949, NV: S.0201770

    San Francisco

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Listing Price: $5,300,000

Cap Rate
6.50%
Tenant Name
H-E-B
Years Remaining On Lease
4.7
Gross SF
36,580
Guarantor
Corporate Guarantee
Rentable SF
36,580
Price/Gross SF
$144.89
Lease Type
Absolute Net
Rent Per Square Feet
$9.42

Investment Highlights

  • Absolute NNN Lease
  • Corporate Lease with H-E-B
  • Store sales increasing last 4 years
  • Tenant has been at this location since 1983

Investment Overview

The subject property is an absolute NNN leased H-E-B located in Cleveland, Texas. The property is situated near the on/off ramp of I-69, which is part of a longer I-69 extension known as the NAFTA superhighway, that, when completed, will connect Canada to Mexico.

Exclusively Listed By

  • Rich Merryman

    Executive Managing Director Investments

    (415) 625-2126

    Email Rich

    License(s): CA: 00934296

    San Francisco

  • Bill Schofield

    Senior Managing Director Investments

    (415) 625-2136

    Email Bill

    License(s): CA: 01239109

    San Francisco

  • Ryan Wilmer

    Senior Vice President Investments

    (415) 625-2162

    Email Ryan

    License(s): CA: 01815949, NV: S.0201770

    San Francisco

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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