About This Restaurant
Investment Highlights
New Construction Site w/ 10 Year NN+ Lease w/ 10% Rental Increases Every 5 Years in Primary & Options Anchor Tenants Include H-E-B, Walmart, Tractor Supply. Other Nearby Tenants Include McDonald?s, Taco Bell, Whataburger, & More. Starbucks is the Largest Specialty Coffee Retailer in the World w/ Over $32.3B in Revenue Subject Property Located on the I-90 & I-173 Interchange which Sees Over 25,000 VPD Near South Texas Regional Airport and Hondo High School Hondo | 40 Miles from San Antonio | San Antonio Population: 1.53M
Executive Summary
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Restaurant General Retail Storefront Fast Food
- Building Size 2,225
- Building Class C
- Year Built 2024
- Price 2,231,405
- Price Per SF 1,003
- Cap Rate 6.05
- NOI 135,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.08
- Land Acres 0.68 AC
Property Taxes
| Parcel Number | 87477 | Improvements Assessment | $344,210 |
| Land Assessment | $508,970 | Total Assessment | $853,180 |
| Date Created: | 2024-07-16 04:23:40 | Last Updated: | 2024-07-16 04:23:40 |
| Address: | 275 US Highway 90 E , Hondo, Texas, 78861 | ||