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HTeaO Watuaga 5936 Denton Hwy

1,932 SF Retail Building Watauga, TX 76148 $2,100,000 ($1,087/SF) 6% Cap Rate

Investment Highlights

  • Newly constructed HTeaO (2024)
  • Located along Watauga's primary commercial corridor, HWY 377, with over 45,000 vehicles per day
  • Nation's largest and fastest growing Tea franchise - 100+ locations open, 300 stores under developement
  • Top 10 ranked emerging franchise concept (Entrepreneur Franchisee 500)

Executive Summary

15-Year absolute NNN lease - zero landlord responsibilities
Nation’s largest iced tea franchise - 100+ stores open across the United States
Located on Watauga's major commercial thoroughfare Denton Hwy (45,000+ VPD)
Newly constructed 1,932 SF HTeaO opened March 2024

Property Facts

Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,932 SF
Building Class
C
Year Built
2024
Price
$2,100,000
Price Per SF
$1,087
Cap Rate
6%
NOI
$126,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.51 AC
Zoning
GB - General Business District
Parking
15 Spaces (7.76 Spaces per 1,000 SF Leased)
Frontage
150 FT on Denton Hwy

Amenities

  • Signage
  • Drive Thru
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • HTeaO
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
HTeaO Accommodation and Food Services 99,999 SF - Lorem Ipsum -

Nearby Major Retailers

Starbucks
Anytime Fitness
Sunny Street Cafe
  • Listing ID: 31575658

  • Date on Market: 4/22/2024

  • Last Updated:

  • Address: 5936 Denton Hwy, Watauga, TX 76148

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