3720 Hwy 35 N Fulton, TX
Retail property with high visibility, easy access, and ample parking.
Property Features for 3720 Hwy 35 N
General Information
- Standard status
- Active
- Size
- 4,505 SF
- Lot size
- 0.79 Acres
- Property subtype
- RETAIL
Listing office Cravey Real Estate Services, Inc. (361) 739-0808
Listing date Dec 27, 2023
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cravey Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- Owner financing available at 3.5% with approved credit.
- High visibility and traffic count.
- Large parking lot in rear.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.1k | $18.00 |
| − Vacancy | −$6.9k | −$1.53 |
| EGI | $74.2k | $16.47 |
| − OpEx | −$22.3k | −$4.94 |
| NOI | $51.9k | $11.53 |
