1780 N Highway 77 - Restaurant FOR SALE


Waxahachie, TX 75165
$3,251,000 USD
949-506-2009
1780 N Highway 77, Waxahachie, TX for Sale
$3,251,000 USD
Restaurant - FOR SALE
1/10
null | 5.75% Cap Rate

1780 N Highway 77
Waxahachie, TX 75165


HIGHLIGHTS

  • 12+ Years Remaining | Franchisee Guaranty
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | Frontage to 30,100 VPD
  • Growing Dallas–Fort Worth MSA Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, 7 Brew Coffee investment property located in Waxahachie, Texas. The tenant, Motley 7 Brew, LLC, has over 12 years remaining on the initial term of their lease, demonstrating long-term commitment to the location. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

FOR SALE DETAILS

PRICE

$3,251,000 USD

PRICE/SF

$4,064 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Brew | Exceptional Sales | 12+ Yrs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

PD-C

APN/PARCEL ID

90.2075.901.001.00.112

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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