1918 Veterans Blvd - Restaurant FOR SALE


Del Rio, TX 78840
$2,477,065 USD
214-522-7200
1918 Veterans Blvd, Del Rio, TX for Sale
$2,477,065 USD
Restaurant - FOR SALE
1/7
null | 5.45% Cap Rate

1918 Veterans Blvd
Del Rio, TX 78840


HIGHLIGHTS

  • 2023 Construction. 7,926+/- SF Building on 2.1+/- Acre Site
  • Excellent Location Along Veterans Boulevard (U.S. Highways 90, 277 & 377) (29,000 VPD)
  • Expanded Binational Trade Area of 235,000+ Residents Driven by Cross-Border Traffic from Ciudad Acuña
  • 5-Mile Trade Area Includes 41,000+ Residents and 14,000+ Employees with Avg. HH Income of $74,630
  • Texas Roadhouse Generates $8MM+ Average Unit Volumes with Strong Same-Store Sales Growth
  • Del Rio | Binational Trade Hub Supporting 235,000+ Residents | Population: 34,465

OVERVIEW

15-Year Ground Lease w/ 10% Rental Increases Every 5 Years in the Primary Term and Options

FOR SALE DETAILS

PRICE

$2,477,065 USD

PRICE/SF

$313 USD /SF

CAP RATE

5.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

-

APN/PARCEL ID

21348

ASK ABOUT THIS PROPERTY

Ben DeskinsSecure Net LeaseMore Info
214-522-7200

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Ben DeskinsSecure Net LeaseMore Info
214-522-7200

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