230 N FM 1626 - Retail FOR SALE


Buda, TX 78610
$3,750,000 USD
480-221-4221
230 N FM 1626, Buda, TX for Sale
$3,750,000 USD
Retail - FOR SALE
1/7
null | 4% Cap Rate

230 N FM 1626
Buda, TX 78610


HIGHLIGHTS

  • Brand New 20-Year Ground Lease | Options To Extend | Scheduled Rental Increases | Brand New Construction
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • FM 1626 (25,200 VPD) | Retail Corridor |Strong National/Credit Tenant Presence
  • Direct, Affluent Consumer Base | Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The tenant recently signed a brand new 20-year lease with 6 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$752 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A | New 20yr Corp Ground Lease

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

F4

APN/PARCEL ID

R167012

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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