Flagship Cafe Prototype- Brand New NNN Lease Smoothie Factory Cafe

Smoothie Factory Cafe , North Richland Hills, Texas, 76182 | 3,000 sq.f | $ 2,500,000

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About This Restaurant

Investment Highlights

Brand New 15 Yr. Corp. NNN Lease by Smoothie Factory- 20+ Stores & Growing- Fee Simple N. Richland Hills located within Suburb of Dallas-Fort Worth- Tremendous Commercial Growth Brand New 2023 Remodel- Zero LL Duties- Strong Balance Sheet by Brix Holdings LLC (Corp.) Prominent Site along Major Retail Artery- Surrounded by Walmart/Target/ALDI/Kroger New Flagship Location for Caf? Prototype for Smoothie Factory- Huge Growth Sector for QSR Rare Dallas MSA Asset- Small PP- Below Market Rent- Tremendous Demo?s ($244,970 HHI)

Executive Summary

The Snyder Carlton National Net Lease Team is pleased to present to qualified investors an opportunity to purchase a new flagship brand Smoothie Factory Caf? in North Richland Hills, TX with a 15-year absolute NNN ground lease. The 2,800 SF facility is located on Davis Blvd which sees over 23,700 VPD and is positioned in a major retail area with tenants including Walmart Supercenter, Target, ALDI, Chick-fil-A, LA Fitness, and McDonald?s North Richland Hills is one of the most desirable and affluent suburbs in the Dallas-Fort Worth MSA which has over 6.5 million residents. Strong demographics and neighboring retailers make this an excellent location for a healthy quick service restaurant. This is a rare opportunity to acquire a corporate guaranteed new 2023 remodel asset in the Dallas-Fort Worth market, with a new 15 year lease and zero landlord responsibilities providing long term passive income with 10% rental increases.

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Fast Food General Retail Freestanding Restaurant
  • Building Size    3,000
  • Year Built/Renovated    2016/2023
  • Price    2,500,000
  • Price Per SF    833
  • Cap Rate    5
  • NOI    125,000
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.08
  • Land Acres    0.91 AC

Amenities

  • Restaurant
  • Drive Thru
  • Air Conditioning

Nearby Amenities & Transportation

Retail Woodforest National Bank
Retail Chili's
Retail Wingstop
Retail Frost National Bank
Retail F45 Training, Inc.
Retail Jack In The Box
Retail Fort Worth Community Credit Union
Retail Starbucks
Retail MOD Pizza
Retail Anytime Fitness

Property Taxes

Parcel Number 41712323 Improvements Assessment $635,456
Land Assessment $997,026 Total Assessment $1,632,482
Date Created: 2024-07-16 04:23:44 Last Updated: 2024-07-16 04:23:44
Address: Smoothie Factory Cafe , North Richland Hills, Texas, 76182