19020 Interstate 35 | Kyle, TX 78640
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19020 Interstate 35
Kyle, TX 78640
Denny’s - Dry River District · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15 Year Absolute NNN Lease to Denny’s with Personal Guarantee
- Brand New 2022 Construction with Highly Functional Footprint
- High Growth Suburb of Austin with Robust Demographics in Surrounding Area
- Rent Increases by 10% Every 5-Years Providing a Strong Hedge Against Inflation
- New Denny’s Prototype with Drive Thru Component & Outdoor Patio
- Direct Access and Visibility from I-35 (Combined 159,300 AADT)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,416 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.87 AC
Zoning
C - Commercial
Parking
34 Spaces (7.7 Spaces per 1,000 SF Leased)
Frontage
260’ on IH- 35 Frontage Road
AMENITIES
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | R179294 | Improvements Assessment | $684,860 |
| Land Assessment | $1,465,140 | Total Assessment | $2,150,000 |
PROPERTY TAXES
Parcel Number
R179294
Land Assessment
$1,465,140
Improvements Assessment
$684,860
Total Assessment
$2,150,000
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