180 E Central Texas Expy - Fast Food FOR SALE


Harker Heights, TX 76548
$3,379,200 USD
332-345-4222
180 E Central Texas Expy, Harker Heights, TX for Sale
$3,379,200 USD
Fast Food - FOR SALE
1/2
null | 5.75% Cap Rate

180 E Central Texas Expy
Harker Heights, TX 76548


HIGHLIGHTS

  • New 2020 Prototype Construction
  • Favorable, Lucrative Lease Structure
  • Percentage Rent | Increased NOI Potential
  • Successful Restaurant Brand

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Jack in the Box located at 180 East Central Texas Expressway, Harker Heights, TX 76548. The site consists of roughly 2,765 rentable square feet of building space on an estimated 1.03-acre parcel of land. This Jack in the Box is subject to a 20-year Triple Net (NNN) lease, which commenced 4/10/2020. The current annual rent is $194,304 and has scheduled increases of greater of 15% every 5 years or change in cpi.

FOR SALE DETAILS

PRICE

$3,379,200 USD

PRICE/SF

$1,222 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jack in the Box

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

-

APN/PARCEL ID

446461

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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