This Retail Property is no longer advertised on LoopNet.com.
6323 S Highway 77
Riviera, TX 78379
Valero · Retail Property For Sale
![6323 S Highway 77, Riviera, TX for sale - Building Photo - Image 1 of 1](https://images1.loopnet.com/i2/IEcXetw801AcER44R_mVPE_ZO6QR1YRvjvE8TwlWWe4/110/6323-S-Highway-77-Riviera-TX-Building-Photo-1-Large.jpg)
INVESTMENT HIGHLIGHTS
- Brand New 20 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Valero is the World’s Largest Independent Petroleum Refiner
- Located Adjacent to the Kleberg County Weigh Station Which Drives Additional Traffic to Location
- 8% Rent Increases Every 5 Years
- Established Operator of Convenience Stores in Texas – Currently Operates 40+ Locations
- Strong Store Performance - 2.021 x Rent Coverage
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Convenience Store
- General Retail Service Station
- General Retail Storefront
- General Retail TruckStop
Building Size
7,940 SF
Building Class
C
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
4.32 AC
Zoning
None
Parking
12 Spaces (1.51 Spaces per 1,000 SF Leased)
Frontage
363 FT on Hwy 77
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
ABOUT 6323 S HIGHWAY 77 , RIVIERA, TX 78379
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. #644481
LINKS
PROPERTY TAXES
Parcel Number | 13534 | Improvements Assessment | $1,105,910 |
Land Assessment | $71,410 | Total Assessment | $1,177,320 |
Listing ID: 17734141
Date on Market: 11/15/2019
Last Updated:
Address: 6323 S Highway 77, Riviera, TX 78379