Hat Creek Burger - Sachse, TX | 7700 Texas 78
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Hat Creek Burger - Sachse, TX 7700 Texas 78
3,005 SF Retail Building Sachse, TX 75048 £3,302,631 (£1,099/SF) 6.65% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Over 14-Years Remaining on a Long-Term Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Hat Creek Burger Company is a Fast Growing Chain That Began in 2008 and Has Since Grown to 25+ Locations Throughout the State of Texas
- Essential Use Tenant With Drive-Thru and Multiple Access Points
- 10% Rent Increases Every Five Years
- Located at the Intersection of TX State Highway 78 and Woodbridge Pkwy, Presenting Itself to an Average of 40,000+ VPD
- Strategically Located as an Outparcel to LA Fitness and Across the Street From Walmart Supercenter
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,005 SF Hat Creek Burger Located at 7700 Texas 78 in Sachse, TX. This Deal Includes 14-Years Remaining on a Long-Term Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities and 10% Rent Increases Every Five Years, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
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
Building Size
3,005 SF
Building Class
B
Year Built
2019
Price
£3,302,631
Price Per SF
£1,099
Net Initial Yield
6.65%
NOI
£219,625
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
0.98 AC
Frontage
260 ft on Texas 78
AMENITIES
- Drive Thru
- Wheelchair Accessible
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Hat Creek Burger
- Accommodation and Food Services
- 3,005 SF
- £73.09
- Aug 2039
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Hat Creek Burger | Accommodation and Food Services | 3,005 SF | £73.09 | Aug 2039 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R-10710-00A-002R-1 | Improvements Assessment | £707,447 |
| Land Assessment | £577,681 | Total Assessment | £1,285,128 |
PROPERTY TAXES
Parcel Number
R-10710-00A-002R-1
Land Assessment
£577,681
Improvements Assessment
£707,447
Total Assessment
£1,285,128
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Hat Creek Burger - Sachse, TX | 7700 Texas 78
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