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126 Chris Kelley blvd 5,000 SF 100% Leased Retail Building Hutto, TX 78634 $3,595,000 ($719/SF) 5.60% Cap Rate



Executive Summary
MAJ Commercial Real Estate is pleased to present the opportunity to acquire a brand-new, Multi-Tenant NNN Lease Investment located in the rapidly growing city of Hutto, Texas.
The property is 100% leased to Freebirds World Burrito and Animal Hospital Of Hutto, both operating under brand-new 10-year initial lease terms. Freebirds features 10% rental increases every five (5) years, while Animal Hospital Of Hutto benefits from 2% annual rental increases, offering a strong and growing income stream for investors. Strategically located along Chris Kelley Blvd, the site sits directly across from Hutto High School and Hutto Memorial Stadium, ensuring high visibility and consistent traffic. The property is also situated just east of the Carmel Creek Development, a 466-acre mixed-use project anchored by The Emory Apartments, a 305-unit Class A multifamily development. Surrounding national and regional tenants include Lowe’s, Salad and Go, McAlister’s Deli, Take 5 Oil Change, Home Depot, Chase Bank, and many more—highlighting the strength and growth of this trade area. This is a rare opportunity to acquire a stabilized, newly constructed retail asset in one of Central Texas’ fastest-growing submarkets.
The property is 100% leased to Freebirds World Burrito and Animal Hospital Of Hutto, both operating under brand-new 10-year initial lease terms. Freebirds features 10% rental increases every five (5) years, while Animal Hospital Of Hutto benefits from 2% annual rental increases, offering a strong and growing income stream for investors. Strategically located along Chris Kelley Blvd, the site sits directly across from Hutto High School and Hutto Memorial Stadium, ensuring high visibility and consistent traffic. The property is also situated just east of the Carmel Creek Development, a 466-acre mixed-use project anchored by The Emory Apartments, a 305-unit Class A multifamily development. Surrounding national and regional tenants include Lowe’s, Salad and Go, McAlister’s Deli, Take 5 Oil Change, Home Depot, Chase Bank, and many more—highlighting the strength and growth of this trade area. This is a rare opportunity to acquire a stabilized, newly constructed retail asset in one of Central Texas’ fastest-growing submarkets.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
5,000 SF
Year Built
2025
Price
$3,595,000
Price Per SF
$719
Cap Rate
5.60%
NOI
$201,250
Percent Leased
100%
Building Height
1 Story
Nearby Major Retailers
1 of 7
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126 Chris Kelley blvd
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