1001 E Highway 377 - Fast Food FOR SALE


Granbury, TX 76048
$2,448,982 USD
914-403-7574
1001 E Highway 377, Granbury, TX for Sale
$2,448,982 USD
Fast Food - FOR SALE
1/3
null | 6% Cap Rate

1001 E Highway 377
Granbury, TX 76048


HIGHLIGHTS

  • Premier Retail Corridor | Adjacent to Walmart Supercenter (Top 79% Nationally)
  • Exceptional Population Growth | Rapidly Expanding Trade Area
  • Rare Opportunity to Acquire Two Upscale National Brands
  • Premier Location Within a Highly Desirable Texas Recreational Destination

OVERVIEW

Surmount is pleased to present the exclusive listing for a 7 Brew and TitleMax located at 1001 East US Highway 377, Granbury, TX 76048. The site consists of roughly 2,370 rentable square feet of building space on an estimated .69-acre parcel of land. 7 Brew is subject to a 10-year Triple Net (NNN) lease, which commences on the earlier of Business Opening or 9/7/2026, while TitleMax has 6.55 years remaining on a Triple Net (NNN) lease, which commenced on 9/20/2020. 7-Brew’s annual rent will start at $85,000 and has scheduled increases of 10.00% Every 5 Years. TitleMax’s rent (based off their upcoming 2.00% rental increase) is $61,938, and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$2,448,982 USD

PRICE/SF

$1,317 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Brew & TitleMax

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

-

APN/PARCEL ID

R000038686

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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