18600 Interstate 35 - Fast Food FOR SALE
Kyle, TX 78640 |
18600 Interstate 35
Kyle, TX 78640
HIGHLIGHTS
- Positioned within the Austin MSA – Ranked #28 in the United States for population size
- Triple net lease presents zero landlord responsibilities
- Over 10 years remaining on the primary lease term
- Experienced Burger King Operator with 510 locations (Kyle is guaranteed by 50 units and personally) and is one of the largest franchisees in the count
- Dhanani Group took over in 2020 and sales have increased drastically since
- 5% rental escalations throughout primary term and options (next in 2024)
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Burger King
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
4196
STORIES
1
YEAR BUILT
2000
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
R113503
