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Rank #22 of 3159/100 · STRONG

StripesNet Lease

1112 South Main Street, Andrews, TX

Cap Rate5.00%
Asking$5,827,000
Annual Rent$291,329
Term Remaining3.3 yrs

Location Scorecard Fortis model · STRONG

Traffic (AADT)10,667 (2024)
Population (3 mi)12,220
Avg HH income (3 mi)$97,147
Daytime jobs (3 mi)6,483
Fuel competitors (1 mi)11
CountyAndrews County

Lease & Rent

Tenant / bannerStripes
Lease structureNet Lease
Lease expirationDec 2029
Term remaining3.3 yrs
Rent escalationsPer lease (confirm)
Renewal optionsConfirm in lease

Financials

Annual rent$291,329
Asking price$5,827,000
Cap rate5.00%
Building SF4,928
Price / SF$1,182

Financing Scenario

Loan—
Down—
Debt service—
DSCR—
Cash-on-cash—
Debt yield—

NNN — in-place rent treated as NOI. Illustrative only.

Full marketing flyer with demographics, traffic, aerials and lease detail.

Download Property Flyer (PDF)