NEC I-30 & Erby Campbell Blvd - Restaurant FOR SALE


Royse City, TX 75189
$2,913,000 USD
480-221-4221
NEC I-30 & Erby Campbell Blvd, Royse City, TX for Sale
$2,913,000 USD
Restaurant - FOR SALE
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NEC I-30 & Erby Campbell Blvd
Royse City, TX 75189


HIGHLIGHTS

  • New, 10-Year Ground Lease | Options To Extend | Scheduled Rental Increase
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Near Walmart Anchored Center | Interstate 30 (73,500 VPD) | Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• Chili’s Bar & Grill corporate signed lease • 10 years remaining with 4 (5-year) option periods to extend • The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option

FOR SALE DETAILS

PRICE

$2,913,000 USD

CAP RATE

4%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Chili's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

105

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

C2

APN/PARCEL ID

93785

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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