303 US Highway 90 | Hondo, TX 78861
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- LoopNet Team
303 US Highway 90
Hondo, TX 78861
Taco Bell - 15 Year SLB - Hondo, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 15 Year Absolute Triple Net (NNN) Lease
- Strong Sales Performance With Healthy Rent-to-Sales Ratio
- Sustainable and Stabilized Rent at $29.02/SF
- 10% Rent Increases Every 5 Years Allowing Investors to Hedge Against Inflation
- Emerge Inc. is a Growing Operator With 124-Units Across Four Brands (28-Unit Guaranty)
- Essential Use Tenant With Drive-Thru, Pandemic and Recession Resistant
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,274 SF
Building Class
C
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.63 AC
Zoning
F1
Parking
31 Spaces (13.63 Spaces per 1,000 SF Leased)
Frontage
145 FT on US 90
PROPERTY TAXES
| Parcel Number | 4142 | Improvements Assessment | $544,850 |
| Land Assessment | $544,500 | Total Assessment | $1,089,350 |
PROPERTY TAXES
Parcel Number
4142
Land Assessment
$544,500
Improvements Assessment
$544,850
Total Assessment
$1,089,350
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