750 Union Pl - Freestanding FOR SALE


Aubrey, TX 76227
$3,750,000 USD
650-678-7200
750 Union Pl, Aubrey, TX for Sale
$3,750,000 USD
Freestanding - FOR SALE
1/3
null | 6% Cap Rate

750 Union Pl
Aubrey, TX 76227


HIGHLIGHTS

  • Brand-new 15-year absolute net lease in the Dallas-Fort Worth MSA
  • 7.5% rental increases every 5 years during the primary term and option periods
  • 2023 build-to-suit construction with drive-thru
  • High visibility on heavily trafficked retail thoroughfare – 38,000+ VPD
  • Explosive growth submarket – estimated 22-25% population growth within a 1, 3, and 5-mile radius of the subject property over the next 5 years
  • Adjacent to Union House – a brand-new 322-unit apartment community with robust amenities

OVERVIEW

Brand-new 15-year absolute net lease featuring 7.5% rental increases every 5 years and five, 5-year extension options. The tenant is a growing Slim Chickens franchisee currently operating 8 locations between San Antonio and Austin with a development agreement in place for over 45 total units.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$1,219 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Slim Chickens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

R1009895

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.