2250 Precinct Line Rd - Fast Food FOR SALE


Hurst, TX 76054
$1,667,000 USD
254-716-4448
2250 Precinct Line Rd, Hurst, TX for Sale
$1,667,000 USD
Fast Food - FOR SALE
1/4
null | 6% Cap Rate

2250 Precinct Line Rd
Hurst, TX 76054


HIGHLIGHTS

  • Brand New 20-Year Lease | Corporate Guaranteed |Scheduled Rental Increases | Brand New Construction
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Outparcel to Lowe’s Home Improvement | Drive-Thru Equipped | North East Mall (751,000 SF) | Primary Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, corporate guaranteed, drive-thru equipped, Salad and Go investment property located in Hurst, Texas (DFW MSA). The tenant, And Go Concepts, LLC, recently signed a brand new 20-year lease with 3 (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, 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. The newly-constructed building features a state-of-the-art design and high-quality materials. Salad and Go was founded in 2013 in Gilbert, Arizona. The company currently operates nearly 103 locations in the Western United States and is continuing to expand.

FOR SALE DETAILS

PRICE

$1,667,000 USD

PRICE/SF

$2,016 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Salad & Go | New 20yr Corp Abs NNN | DrThr

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

89

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

GB

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John TobenNational Net Lease GroupMore Info
254-716-4448

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John TobenNational Net Lease GroupMore Info
254-716-4448

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