Hat Creek Burger - Sachse, TX 7700 Texas 78

3,005 SF Retail Building Sachse, TX 75048 $4,152,728 ($1,382/SF) 6.65% Cap Rate

INVESTMENT HIGHLIGHTS

  • Over 14-Years Remaining on a Long-Term Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Hat Creek Burger Company is a Fast Growing Chain That Began in 2008 and Has Since Grown to 25+ Locations Throughout the State of Texas
  • Essential Use Tenant With Drive-Thru and Multiple Access Points
  • 10% Rent Increases Every Five Years
  • Located at the Intersection of TX State Highway 78 and Woodbridge Pkwy, Presenting Itself to an Average of 40,000+ VPD
  • Strategically Located as an Outparcel to LA Fitness and Across the Street From Walmart Supercenter

EXECUTIVE SUMMARY

Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,005 SF Hat Creek Burger Located at 7700 Texas 78 in Sachse, TX. This Deal Includes 14-Years Remaining on a Long-Term Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities and 10% Rent Increases Every Five Years, Providing For a Secure Investment.

In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,005 SF
Building Class
B
Year Built
2019
Price
$4,152,728
Price Per SF
$1,382
Cap Rate
6.65%
NOI
$276,156
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.98 AC
Frontage
260 FT on Texas 78

AMENITIES

  • Drive Thru
  • Wheelchair Accessible

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Hat Creek Burger
  • Accommodation and Food Services
  • 3,005 SF
  • $91.90
  • Aug 2039
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Hat Creek Burger Accommodation and Food Services 3,005 SF $91.90 Aug 2039

NEARBY MAJOR RETAILERS

Fit Body Boot Camp
Black Rock Coffee Bar
Wells Fargo
LA Fitness
Starbucks
Dutch Bros Coffee

PROPERTY TAXES

  • Listing ID: 34154119

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 7700 Texas 78, Sachse, TX 75048