1709 W University Dr - Fast Food FOR SALE


Edinburg, TX 78539
$917,000 USD
713-263-3981
1709 W University Dr, Edinburg, TX for Sale
$917,000 USD
Fast Food - FOR SALE
1/3
null | 6% Cap Rate

1709 W University Dr
Edinburg, TX 78539


HIGHLIGHTS

  • 2022 Construction. 1,638+/- SF Building. 0.378+/- Acre Site
  • Subject Property is located on University Dr (31,590+ VPD), a Major East-West Thoroughfare in Edinburg
  • Strategically Located Right Next to The University of Texas Rio Grande Valley – 35,810 Students & ~3,000 Staff Members
  • Located Across from Walmart Supercenter & Near Planet Fitness, Whataburger, Lowe’s, Chick-fil-A, 7 Brew Coffee, & More
  • Smoothie King is a Leading National Health-QSR Brand with 1,246 U.S. Locations & $728M System-Wide Sales
  • Edinburg | Part of Growing McAllen–Edinburg–Mission MSA | Population: 108,733+

OVERVIEW

10-Year Absolute NNN Lease with 10% Rental Increases Every 5 Years, and (4) 5-Year Options to Renew

FOR SALE DETAILS

PRICE

$917,000 USD

PRICE/SF

$560 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Smoothie King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

Commercial

APN/PARCEL ID

W3600-03-000-0010-00

ASK ABOUT THIS PROPERTY

Edward BentonSecure Net LeaseMore Info
713-263-3981

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Edward BentonSecure Net LeaseMore Info
713-263-3981

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