1211 E Ennis Ave - Restaurant FOR SALE


Ennis, TX 75119
$2,945,455 USD
310-750-7175
1211 E Ennis Ave, Ennis, TX for Sale
$2,945,455 USD
Restaurant - FOR SALE
1/5
null | 5.5% Cap Rate

1211 E Ennis Ave
Ennis, TX 75119


HIGHLIGHTS

  • 20-Year Absolute NNN Lease; Low-management, passive investment with long-term stability
  • Primary Retail Corridor: Anchored by Walmart on East Ennis Ave, directly off Interstate 45, the main route from Houston to Dallas
  • Strong national retail presence: Walmart, Chick-fil-A, and McDonald’s
  • Located directly across the street from development site of new regional retail development w/hotels
  • HCI Hospitality: 41-unit Freddy’s franchisee with presence in 7 states; System wide AUVs of $1.9m

OVERVIEW

This prime investment opportunity features a 20-year absolute NNN lease, ensuring long-term, passive income with no landlord responsibilities. Strategically positioned in a thriving retail corridor anchored by Walmart, the property benefits from high foot traffic and strong consumer demand. Located directly off Interstate 45, it offers excellent visibility and seamless accessibility. Additionally, it sits across from a new retail and hotel development, further enhancing its growth potential and long-term value.

FOR SALE DETAILS

PRICE

$2,945,455 USD

PRICE/SF

$807 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Freddy's – 20-Year Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

Commercial

APN/PARCEL ID

0405-91-7536

ASK ABOUT THIS PROPERTY

Kyle GulockCentury Partners Real Estate Inc.More Info
310-750-7175

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Kyle GulockCentury Partners Real Estate Inc.More Info
310-750-7175

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