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Salad And Go 130 Chris Kelley Blvd

970 SF Retail Building Hutto, TX 78634 $1,727,000 ($1,780/SF) 5.50% Cap Rate

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Executive Summary

MAJ Commercial Real Estate is pleased to offer a prime investment opportunity to acquire a Single-Tenant Ground Lease in Hutto, TX. The property is leased to Salad and Go with a brand-new 20-yaer initial term that began on September 29, 2023. The lease includes 10% base rent escalations every five years, including throughout the tenant's option periods, providing a stable and increasing income stream. Ideally situation at the busy intersection of Chris Kelley Blvd and Carl Stern Dr., the site benefits from high visibility and proximity to Hutto High School, which serves approximately 1,855 students and employs around 121 staff. Nearby businesses include Dutch Bros, Take 5 Oil, Lowe's, Starbucks, Popeyes and more.