1409 W Austin St | Port Lavaca, TX 77979
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1409 W Austin St
Port Lavaca, TX 77979
Dairy Queen · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Quality Tenancy: CTX Restaurants, Inc. is a multi-unit owner and operator with over a decade of experience in the QSR space
- Dairy Queen’s absolute NNN lease has more than 9 years of firm term remaining
- Strong Operating History: this drive thru location has been successfully operating for more than 40 years
- Dairy Queen was the 16th highest ranked franchise on Entrepreneur Magazine’s 2020 Franchise 500 list
- NNN Lease features 10% rent increases every 5 years during the initial term, as well as in each of the four (4) 5-year renewal options
- Large Land Site: 2,040 square foot property sits on 1.08 acres and features ample parking, boasting an impressive parking ratio of 13.3/1,000 SF
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,040 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.08 AC
Frontage
282’ on Austin St
PROPERTY TAXES
| Parcel Number | 81141 | Improvements Assessment | $246,810 |
| Land Assessment | $33,190 | Total Assessment | $280,000 |
PROPERTY TAXES
Parcel Number
81141
Land Assessment
$33,190
Improvements Assessment
$246,810
Total Assessment
$280,000
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