INVESTMENT OFFERING
SAB Capital is pleased to present Alton Plaza, a prime retail property located in Alton, TX. The Subject property contains 5 retail tenants totaling 6,783 square feet all signed to absolute triple net (NNN) leases. Alton Plaza enjoys a highly visible location on US-107, a major thoroughfare with over 18,000 vehicles passing through daily. The surrounding area has experienced robust growth, with a 10.1% population increase within a 5-mile radius since 2010.
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Alton Plaza | $2,366,815 | 6.75% | NNN | 6,783 | Available |