Excellent investment opportunity in Vega! This 1,856-square-foot commercial property is currently leased to the United States Postal Service, generating $21,344 in annual rental income under a triple net (NNN) lease. With the current asking price, the property provides an attractive 8.54% cap rate, based on annual rent and assuming no landlord operating expenses. With an established government tenant and NNN lease structure, this property offers an appealing opportunity for investors seeking consistent rental income and minimal management responsibilities.
Caprock Storage- Total of 32 Storage units available with 25 of the units currently rented on .33 Acres in Vega TX. Established business with 78% occupancy with a healthy cap rate. 10- 10x10, 2-9x10, 2-9x15, 4-10x15, and 14-10x20 units with a possible yearly rental income of $20,424.00 and current yearly rental income of $16,104.00. Constructed from cinderblock for little maintenance. Contact Agent for further information.
Vega is located in Texas. Vega, Texas has a population of 1,118. Vega is less family-centric than the surrounding county with 37.93% of the households containing married families with children. The county average for households married with children is 41.13%.
The median household income in Vega, Texas is $70,000. The median household income for the surrounding county is $68,077 compared to the national median of $69,021. The median age of people living in Vega is 41.3 years.
The average high temperature in July is 91 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 20.3 inches per year, with 15.7 inches of snow per year.
