912 N Main St - Fast Food FOR SALE


La Feria, TX 78559
$1,550,427 USD
956-277-9514
912 N Main St, La Feria, TX for Sale
$1,550,427 USD
Fast Food - FOR SALE
1/23
null | 5.85% Cap Rate

912 N Main St
La Feria, TX 78559


HIGHLIGHTS

  • 912 Main Street, La Feria, Texas, is a 2,247-square-foot freestanding fast-food restaurant equipped with a drive-thru on a 0.56-acre corner parcel.
  • Backed by a 20-year absolute NNN lease with no landlord responsibilities, operated by an experienced Dairy Queen franchisee with 30+ years of success.
  • La Feria is part of the rapidly expanding Rio Grande Valley, benefiting from steady population growth and increasing consumer traffic.
  • Supported by a great retail trade area with an average annual household income of $73,000 contributing to $328M in spending within a 5-mile radius.
  • Boasting direct exposure from Interstate 2 with a high-rise pylon sign, providing traffic counts of over 67,000 vehicles per day.
  • This Dairy Queen is one of three locations available, investors have the flexibility to acquire a single property, a combination of two, or all three.

OVERVIEW

The Dairy Queen at 912 N Main Street in La Feria, Texas, presents investors with a stable, long-term asset backed by a national brand. This 2,247-square-foot standalone restaurant sits on a 0.56-acre parcel, benefiting from strong visibility and accessibility in the growing Rio Grande Valley market. The property will be sold with a new 20-year absolute NNN lease, guaranteeing zero landlord responsibilities while providing a reliable income stream. The lease is backed by an experienced franchisee with over 30 years in the quick-service industry, ensuring operational stability. With a 5.85% cap rate, this asset offers an attractive return for buyers seeking passive income in a recession-resistant sector. Investors have the option to purchase this location individually or as part of a portfolio that includes two additional Dairy Queen properties. La Feria continues to experience steady population growth and increasing consumer demand, supported by a mix of national retailers, schools, and residential communities. In fact, the population within a 3-mile radius grew by an astounding 12% from 2020 to 2024. 912 N Main Street maximizes its exposure to these consumers with a corner location and a high-rise pylon sign that can be seen from Interstate 2. With a strong national tenant, a growing market, and superior traffic, 912 N Main Street is a resilient investment in both the short and long term. Inquire now.

FOR SALE DETAILS

PRICE

$1,550,427 USD

PRICE/SF

$646 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

C

APN/PARCEL ID

855380-0520-051000

ASK ABOUT THIS PROPERTY

David LozanoF&P DevelopmentMore Info
956-277-9514

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David LozanoF&P DevelopmentMore Info
956-277-9514

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