130 Chris Kelley Blvd - Fast Food FOR SALE


Hutto, TX 78634- Far Northeast
$1,727,000 USD
360-823-5111
130 Chris Kelley Blvd, Hutto, TX for Sale
$1,727,000 USD
Fast Food - FOR SALE
1/15
null | 5.5% Cap Rate

130 Chris Kelley Blvd
Hutto, TX 78634
Far Northeast


OVERVIEW

MAJ Commercial Real Estate is pleased to offer a prime investment opportunity to acquire a Single-Tenant Ground Lease in Hutto, TX. The property is leased to Salad and Go with a brand-new 20-yaer initial term that began on September 29, 2023. The lease includes 10% base rent escalations every five years, including throughout the tenant's option periods, providing a stable and increasing income stream. Ideally situation at the busy intersection of Chris Kelley Blvd and Carl Stern Dr., the site benefits from high visibility and proximity to Hutto High School, which serves approximately 1,855 students and employs around 121 staff. Nearby businesses include Dutch Bros, Take 5 Oil, Lowe's, Starbucks, Popeyes and more.

FOR SALE DETAILS

PRICE

$1,727,000 USD

PRICE/SF

$1,780 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Salad And Go

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,059 SF

ZONING

-

APN/PARCEL ID

R619666

ASK ABOUT THIS PROPERTY

Blake FederinkoMAJ Commercial Real EstateMore Info
360-823-5111

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Blake FederinkoMAJ Commercial Real EstateMore Info
360-823-5111

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