About This Restaurant
Investment Highlights
New construction - 2024 Located in one of top shopping centers in Texas NNN lease
Executive Summary
? More than 117,000 people within a three-mile radius with average household incomes in excess of $144,000? Absolute NNN 20-year corporate ground lease with zero landlord responsibilities and 10% bumps every 5-years? Glade Parks ranks in the top 2% of shopping centers in Texas and Nationally with 6.4M annual visitors per Placer.ai? Brand new 2024 construction? Excellent traffic counts at the intersection of Hwy 121 & Cheek-Sparger Rd with more than 181,000 VPD? HEB recently announced the construction of a new 119,000 SF store immediately south of the site with an estimated Q2 2026 opening
Property Details
- Sale Type Investment NNN
- Property Type Retail Retail General Retail Fast Food Retail
- Building Size 865
- Building Class B
- Year Built 2024
- Price 2,541,667
- Price Per SF 2,938
- Cap Rate 6
- NOI 152,500
- Tenancy Single
- Building Height 1 Story
Nearby Amenities & Transportation
| Retail | Starbucks | ||
| Retail | 54th Street Grill & Bar | ||
| Retail | Navy Federal Credit Union | ||
| Retail | MOD Pizza | ||
| Retail | Salata | ||
| Retail | Torchy's Tacos | ||
| Retail | First Watch | ||
| Retail | Waffle House | ||
| Retail | iLoveKickboxing | ||
| Retail | Five Guys |
| Date Created: | 2024-07-16 04:23:45 | Last Updated: | 2024-07-16 04:23:45 |
| Address: | 2120 Rio Grande Blvd , Euless, Texas, 76039 | ||