Restaurants /TX /Victoria County /Victoria /7306 NE Zac Lentz Pky
Restaurants /TX /Victoria County /Victoria /7306 NE Zac Lentz Pky

7306 NE Zac Lentz Pky - Restaurant FOR SALE


Victoria, TX 77904 | 
$2,953,000 USD
918-794-9538
7306 NE Zac Lentz Pky, Victoria, TX for Sale
$2,953,000 USD
Restaurant - FOR SALE
1/3
null | 5.25% Cap Rate
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7306 NE Zac Lentz Pky
Victoria, TX 77904

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HIGHLIGHTS

  • Corporate Lease | Investment Grade Tenant (S&P:BBB)
  • New Construction | 10-Year Lease | 8+ Years Remaining Term
  • Ground Lease | 1.38 AC | Absolute NNN | 10%+ Rent Increases
  • Outparcel to Victoria Mall | 4.4+ Million Annual Visits
  • Only LongHorn Steakhouse Within 100 Miles

FOR SALE DETAILS

PRICE

$2,953,000 USD

PRICE/SF

$511 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LongHorn Steakhouse (Ground Lease)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

-

APN/PARCEL ID

37310-00C-00700

ASK ABOUT THIS PROPERTY

Anne PerraultNorthmarqMore Info
918-794-9538

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Anne PerraultNorthmarqMore Info
918-794-9538

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