3131 N 16th St - Fast Food FOR SALE


Orange, TX 77630- East Orange
$1,833,000 USD
650-678-7200
3131 N 16th St, Orange, TX for Sale
$1,833,000 USD
Fast Food - FOR SALE
1/4
null | 6% Cap Rate

3131 N 16th St
Orange, TX 77630
East Orange


HIGHLIGHTS

  • Brand-new 15-year absolute net ground lease featuring 10% rental increases every 5 years
  • 2025 construction with double-drive thru
  • Large 1.17-acre parcel with multiple points of ingress/egress
  • Massive unit-level sales (ask Agent for more details)
  • Award-winning 7 Brew franchisee - 10+ locations in Arkansas and opening new locations in Texas to scale the market
  • 2024 7 Brew Small Franchisee of the Year – operates the #1 grossing store in the 7 Brew system

OVERVIEW

Brand-new 15-year absolute net ground lease featuring 10% rental increases every 5 years throughout the base terms and options. The subject property benefits from standalone visibility along N 16th Street, the main North/South retail thoroughfare in Orange.

FOR SALE DETAILS

PRICE

$1,833,000 USD

PRICE/SF

$3,594 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7 Brew

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

-

APN/PARCEL ID

000171-000401

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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