620 W Oaklawn Rd - Fast Food FOR SALE


Pleasanton, TX 78064
$6,663,000 USD
714-404-8849
620 W Oaklawn Rd, Pleasanton, TX for Sale
$6,663,000 USD
Fast Food - FOR SALE
1/9
null | 4.5% Cap Rate

620 W Oaklawn Rd
Pleasanton, TX 78064


HIGHLIGHTS

  • Brand New 15-Year Lease | Scheduled Rental Increases | Brand New Construction | Established Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Along W Oaklawn Rd (18,600 VPD) | Dense Retail Corridor | Pleasanton High School
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

• The tenant just recently signed a brand new 15-year lease with 13 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rental increases every 5 years during the initial term and at the beginning of each option, growing NOI and hedging against inflation • The newly constructed site will feature a state-of-the-art design with high-quality materials

FOR SALE DETAILS

PRICE

$6,663,000 USD

PRICE/SF

$1,336 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A | Absolute NNN | 15-Yr Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

61

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

-

APN/PARCEL ID

R27739

ASK ABOUT THIS PROPERTY

Matthew MousaviSRS National Net LeaseMore Info
714-404-8849

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Matthew MousaviSRS National Net LeaseMore Info
714-404-8849

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