Log In/Sign Up
Your email has been sent.
1000 N Robinson Dr 4,240 SF 100% Leased Retail Building Robinson, TX 76706 $2,300,563 CAD ($542.59 CAD/SF) 5.36% Cap Rate
Investment Highlights
- • Six (6) years of remaining term
- • Two (2) and five (5) year extension options remain on Marcos Pizza
Executive Summary
Cromwell Commercial Group is pleased to offer the opportunity to acquire 1000 Robinson Drive, a 100% leased, two-tenant retail asset located in Robinson, Texas. The property was built in 2022 and is anchored by Marco’s Pizza, a nationally recognized QSR brand, and La Cocina, a well-established local restaurant operator. This asset provides investors
with durable in-place cash flow, long remaining lease terms, and NNN lease structures, minimizing landlord responsibilities.
• 5.36% in-place cap rate on base rent, with contractual rent increases pushing stabilized yield to approximately 5.7% in the near term, absent additional capital investment
with durable in-place cash flow, long remaining lease terms, and NNN lease structures, minimizing landlord responsibilities.
• 5.36% in-place cap rate on base rent, with contractual rent increases pushing stabilized yield to approximately 5.7% in the near term, absent additional capital investment
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,240 SF
Building Class
B
Year Built
2021
Price
$2,300,563 CAD
Price Per SF
$542.59 CAD
Cap Rate
5.36%
NOI
$123,310 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
0.77 AC
Zoning
C-1 - Light Commercial District
Frontage
163’ on ROBINSON DR
Nearby Major Retailers
Property Taxes
| Parcel Number | 44-041109-000100-0 | Improvements Assessment | $1,002,171 CAD |
| Land Assessment | $272,563 CAD | Total Assessment | $1,274,734 CAD |
Property Taxes
Parcel Number
44-041109-000100-0
Land Assessment
$272,563 CAD
Improvements Assessment
$1,002,171 CAD
Total Assessment
$1,274,734 CAD
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1000 N Robinson Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.