Chick-Fil-A | 1606 E Interstate Hwy 2
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Chick-Fil-A 1606 E Interstate Hwy 2
5,362 SF Retail Building Donna, TX 78537 $3,625,000 ($676/SF) 4% Cap Rate
Investment Highlights
- Under Construction stand alone Chick-Fil-A
- Chick-Fil-A’s average per-restaurant sales exceeded $9.3 million in 2023 making them the top performing QSR in the industry
- 132,801 Vehicles Per Day on Expressway 83
- Anchored by Burlington, DD’s, Ross, PetSmart, Five Below, ULTA & Walmart Supercenter.
Executive Summary
SHOPS AT 493 is a 200,000 SF retail power center development located along Expressway 83 at F.M. 493 in the heart of the McAllen- Edinburg-Mission MSA, in Donna, Texas. The intersection is anchored by a new Walmart Supercenter. F.M. 493 is the primary North/South
thoroughfare for the Donna area due to its connection to the Donna-Rio Bravo International Bridge. Expressway 83 is the primary East/West thoroughfare for more than 1.6 million people in Hidalgo and Cameron county with more than 132,801 vehicles per day passing the intersection at F.M. 493. Chick-Fil-A is anchored by Burlington, DD’s, Ross, PetSmart, Five Below, ULTA & Walmart Supercenter.
thoroughfare for the Donna area due to its connection to the Donna-Rio Bravo International Bridge. Expressway 83 is the primary East/West thoroughfare for more than 1.6 million people in Hidalgo and Cameron county with more than 132,801 vehicles per day passing the intersection at F.M. 493. Chick-Fil-A is anchored by Burlington, DD’s, Ross, PetSmart, Five Below, ULTA & Walmart Supercenter.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,362 SF
Building Class
C
Year Built
2024
Construction Status
Under Construction
Price
$3,625,000
Price Per SF
$676
Cap Rate
4%
NOI
$145,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
1.65 AC
Zoning
Commercial - General Commercial District
Parking
80 Spaces (14.92 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | S3290-00-000-0004-00 | Improvements Assessment | $0 |
| Land Assessment | $696,960 | Total Assessment | $696,960 |
PROPERTY TAXES
Parcel Number
S3290-00-000-0004-00
Land Assessment
$696,960
Improvements Assessment
$0
Total Assessment
$696,960
-
Brian Smith -
Merit CRE-SATX, Ltd
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Chick-Fil-A | 1606 E Interstate Hwy 2
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