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701 S Cedar St
Pecos, TX 79772

HTeaO - Pecos, TX · Retail Property For Sale

Investment Highlights

  • Brand New 15-Year Absolute NNN (Triple Net) Lease
  • America's Leading Iced Tea Franchise - With a Cost-Effective Business Model; HTeaO Operate Their Own Supply Chain
  • Strategically Placed on the Main Thoroughfare Through Pecos; Which Sees an Average Daily Traffic Count of 12,000 VPD
  • New 2020 Construction With Drive Thru
  • In January of 2023; HTeaO Announced a Minority Partnership With Two Dallas Based Private Equity Firms; Crux Capital and Trive Capital
  • 0.5 Miles Off of Hwy 20, a Major East-West Interstate That Runs From El Paso Through the Dallas-Fort Worth Metroplex

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,500 SF HTeaO Located at 701 South Cedar Street in Pecos, TX. This Deal Includes a Long Term 15-Year Absolute Triple Net (NNN) Lease With 1.75% Annual Rent Increases, Providing For a Secured Investment.

In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,500 SF
Building Class
B
Year Built
2020
Price
£1,431,250
Price Per SF
£572
Net Initial Yield
7%
NOI
£100,188
Tenancy
Single
Number of Floors
1
  • Listing ID: 33799122

  • Date on Market: 08/11/2024

  • Last Updated:

  • Address: 701 S Cedar St, Pecos, TX 79772

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