540 Stan Schlueter Loop - Restaurant FOR SALE


Killeen, TX 76542- Killeen/Fort Hood
$3,204,000 USD
949-903-8099
540 Stan Schlueter Loop, Killeen, TX for Sale
$3,204,000 USD
Restaurant - FOR SALE
1/8

540 Stan Schlueter Loop
Killeen, TX 76542
Killeen/Fort Hood


HIGHLIGHTS

  • Brand New 20-Year Lease | Annual Rental Increases | New Construction | Growing Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • The Shops at Killeen | Signalized Hard Corner Location |Dense Retail Corridor | Ellison High School | High Traffic Counts

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, Black Rock Coffee investment property located in Killeen, Texas. The tenant recently signed a brand new 20 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and options thereafter, steadily growing NOI and hedging against inflation. The newly constructed site will feature a state-of-the-art design with high-quality materials. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Founded as a family owned and operated business in Oregon in 2008, Black Rock Coffee Bar has grown to over 180 retail locations in seven states.

FOR SALE DETAILS

PRICE

$3,204,000 USD

CAP RATE

5.65%

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Black Rock Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

10.02 AC

LAND SF

436,504 SF

ZONING

B-5

APN/PARCEL ID

511284

ASK ABOUT THIS PROPERTY

Jake PraterSRS National Net LeaseMore Info
949-903-8099

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

Jake PraterSRS National Net LeaseMore Info
949-903-8099

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