205 Airport Fwy - Fast Food FOR SALE


Euless, TX 76040- Hurst/Euless/Bedford
$1,628,000 USD
214-560-6900
205 Airport Fwy, Euless, TX for Sale
$1,628,000 USD
Fast Food - FOR SALE
1/9
null | 5.75% Cap Rate

205 Airport Fwy
Euless, TX 76040
Hurst/Euless/Bedford


HIGHLIGHTS

  • 18+ Years Remaining | Options To Extend | Annual Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Airport Freeway (168,700 VPD) | Dense Retail Corridor
  • Strong Demographics In 5-Mile 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, Valerie’s Taco Shop investment property located in Euless, Texas. The tenant, Valerie’s Taco Shop has over 18 years of initial term remaining with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and 2.5% annual rental increases throughout 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 a passive investor.

FOR SALE DETAILS

PRICE

$1,628,000 USD

PRICE/SF

$584 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valerie's Taco Shop | Drive-Thru Equipped

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

TX-10

APN/PARCEL ID

00446726

ASK ABOUT THIS PROPERTY

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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