1000 N Robinson Dr - Restaurant FOR SALE


Robinson, TX 76706
$1,696,455 USD
512-774-9701
1000 N Robinson Dr, Robinson, TX for Sale
$1,696,455 USD
Restaurant - FOR SALE
1/15
null | 5.36% Cap Rate

1000 N Robinson Dr
Robinson, TX 76706


HIGHLIGHTS

  • • Six (6) years of remaining term
  • • Two (2) and five (5) year extension options remain on Marcos Pizza

OVERVIEW

Cromwell Commercial Group is pleased to offer the opportunity to acquire 1000 Robinson Drive, a 100% leased, two-tenant retail asset located in Robinson, Texas. The property was built in 2022 and is anchored by Marco’s Pizza, a nationally recognized QSR brand, and La Cocina, a well-established local restaurant operator. This asset provides investors with durable in-place cash flow, long remaining lease terms, and NNN lease structures, minimizing landlord responsibilities. • 5.36% in-place cap rate on base rent, with contractual rent increases pushing stabilized yield to approximately 5.7% in the near term, absent additional capital investment

FOR SALE DETAILS

PRICE

$1,696,455 USD

PRICE/SF

$400 USD /SF

CAP RATE

5.36%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

C-1

APN/PARCEL ID

44-041109-000100-0

ASK ABOUT THIS PROPERTY

Clay FullerCromwell Commercial GroupMore Info
512-774-9701

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Clay FullerCromwell Commercial GroupMore Info
512-774-9701

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.