4917 Colleyville Blvd - Fast Food FOR SALE


Colleyville, TX 76034
$2,054,000 USD
480-221-4221
4917 Colleyville Blvd, Colleyville, TX for Sale
$2,054,000 USD
Fast Food - FOR SALE
1/9
null | 6.25% Cap Rate

4917 Colleyville Blvd
Colleyville, TX 76034


HIGHLIGHTS

  • Brand New 15-Year Lease | 10% Rental Increases | Options To Extend | Personal Guaranty
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | No State Income Tax
  • Dense Retail Corridor | National/Credit Tenant Presence
  • Located Along Colleyville Blvd. | Signalized, Hard Corner Intersection | Excellent Visibility & Access
  • 2023 Construction | Dual Drive-Thru Equipped
  • 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 fee simple interest (land & building ownership) in an absolute NNN, freestanding, drive-thru equipped, HTeaO investment property located in Colleyville, Texas (Dallas-Fort Worth MSA). The tenant, Double Tea II, LLC, recently signed a brand new 15 year lease with 3 (5-year) options to extend, demonstrating their long-term 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, steadily 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 in an income tax free state. HTeaO is a growing and popular beverage company with over 125 locations. The site features brand-new construction with state-of-the-art amenities and a modern design. The franchisee currently operates 3 locations.

FOR SALE DETAILS

PRICE

$2,054,000 USD

PRICE/SF

$1,157 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HTeaO | New 15 Yr Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

General Commercial

APN/PARCEL ID

03781968

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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