847 N Hewitt Dr - Restaurant FOR SALE


Hewitt, TX 76643
$1,636,364 USD
332-345-4222
847 N Hewitt Dr, Hewitt, TX for Sale
$1,636,364 USD
Restaurant - FOR SALE
1/2
null | 5.5% Cap Rate

847 N Hewitt Dr
Hewitt, TX 76643


HIGHLIGHTS

  • New Construction
  • Below Market Rent
  • Proximity to Educational Institutions

OVERVIEW

NNN Pro is pleased to present the Exclusive Listing for a Popeyes located at 847 North Hewitt Drive, Hewitt, TX 76643. This New Construction Popeyes will reside on an estimated estimated 0.77- acre parcel of land. This Popeyes will subject to a 10-year Triple Net (NNN) lease, which will commence at store opening. The Annual rent will be $90,000 and have scheduled increases of 10.00% every 5 years.

FOR SALE DETAILS

PRICE

$1,636,364 USD

PRICE/SF

$584 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,750 SF

ZONING

C-O

APN/PARCEL ID

36-333000-011500-4

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.