515 E Main St - Fast Food FOR SALE


Uvalde, TX 78801
$2,608,696 USD
408-510-9057
515 E Main St, Uvalde, TX for Sale
$2,608,696 USD
Fast Food - FOR SALE
1/5
null | 5.75% Cap Rate

515 E Main St
Uvalde, TX 78801


HIGHLIGHTS

  • Situated on Highly Visible and Accessible Primary Thoroughfare
  • High-Visibility Location Along East Main Street With 22,547 VPD | On-Site Tesla Supercharger Station Drives Additional Customer Traffic
  • Brand New 20 Year NNN Lease to Commence at Close of Escrow | 10% Increases Every 5 Years | 4 x 5-Year Options
  • Lease Guaranteed by 21-Unit Regional Franchisee With a Proven Track Record and Expansion Plans Across the Region
  • Outparcel to a Tractor Supply Co & Positioned Along Uvalde’s Busiest Commercial Corridor With Excellent Access and Exposure
  • Surrounded by Strong National Retail and Key Demand Drivers | Just Two Blocks From Uvalde Memorial Hospital and Minutes From Multiple School Campuses

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a newly renovated Burger King located at 515 E Main Street in Uvalde, Texas. The offering features a brand-new 20-year absolute NNN sale-leaseback with no landlord responsibilities and 10% rent increases every five years. The lease is backed by a growing 21-unit regional franchisee and commences at the close of escrow, providing long-term stability from day one. Fully renovated to the latest Burger King prototype in 2021, this ±2,860-square-foot building features a dual drive-thru and sits on a large ±0.83-acre lot with excellent visibility along East Main Street (±22,547 VPD). The site is outparcel to a Tractor Supply Co. and benefits from significant retail synergy with surrounding tenants including Starbucks, McDonald’s, Walgreens, HEB, Wendy’s, Taco Bell, and more. A Tesla Supercharger station on-site further drives foot traffic and broadens customer reach. Uvalde serves as a regional hub for five counties and is supported by a stable local economy centered around healthcare, education, agriculture, and government services. The subject property is just two blocks from Uvalde Memorial Hospital and near the city’s primary school campuses, including Uvalde High School and Morales Junior High. With a three-mile population nearing 17,000 and average household incomes over $78,000, the trade area offers a solid consumer base for fast food operations. Offered at $2,608,696 with a 5.75% cap rate, this asset provides investors a chance to secure a long-term, inflation-hedged income stream backed by a recognizable national brand in a growing South Texas market. With recent renovations, strong drive-thru infrastructure, and favorable lease terms, this Burger King is well-positioned for long-term operational success.

FOR SALE DETAILS

PRICE

$2,608,696 USD

PRICE/SF

$912 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King | 20yr NNN | Dual Drive-Thru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

35,998 SF

ZONING

-

APN/PARCEL ID

12782

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

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