9000 Jordan Ln - Retail FOR SALE


Woodway, TX 76712
$2,040,000 USD
646-530-8370
9000 Jordan Ln, Woodway, TX for Sale
$2,040,000 USD
Retail - FOR SALE
1/8
null | 5.25% Cap Rate

9000 Jordan Ln
Woodway, TX 76712


HIGHLIGHTS

  • Corporate Guarantee Lease | 11+ Years Remaining Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Richland Mall | Ascension Providence Hospital (271 beds)
  • Dense Retail Corridor | Tax-Free State | Strategic Location
  • Highly Trafficked Corridor | Excellent Visibility & Access
  • Strong Demographics In 5-Mile Trade Area

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 Dutch Bros Coffee investment property located in Woodway, Texas. The tenant, Dutch Bros Coffee, has over 11 years remaining on the initial term with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,040,000 USD

PRICE/SF

$2,147 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros | 11+yrs Abs NNN w/ Incrs

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

Planned Local Retail

APN/PARCEL ID

362795010017000

ASK ABOUT THIS PROPERTY

Susan HarrisSRS Real Estate PartnersMore Info
646-530-8370

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

Susan HarrisSRS Real Estate PartnersMore Info
646-530-8370

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