1605 E Washington Ave | Navasota, TX 77868
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- LoopNet Team
1605 E Washington Ave
Navasota, TX 77868
Burger King | New 20YR NNN Lease | 5.75% Cap · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located Across From a Walmart and GMC Dealership, Just Off of the Heavily Trafficked N Highway 6 Loop, Which Sees Sees About 32,100 Vehicles per Day
- Attractive Rental Increases | 2% Annually, Including Option Periods | 4, 5-year lesase options bringing the potential lease term to 40 years
- Many Local Surrounding Retailers Such As Walmart, Several Dealerships, Subway, Squeaky Clean Xpress Wash, Days Inn, Popeyes, Sonic, Shell, Chevron
- Brand New 20-Year NNN Lease to Commence at Close of Escrow
- With Over 19,000 Locations in More Than 100 Countries, Burger King Is One of the Largest Fast-Food Chains in the World, Only Behind McDonald’s in Size
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,012 SF
Building Class
C
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.96 AC
Zoning
B-1 - Conduct of retail, wholesale, or other commercial enterprise, providing that such enterprise not included manufacturing or fabricating operations.
Parking
30 Spaces
Frontage
AMENITIES
- Corner Lot
- Drive Thru
PROPERTY TAXES
| Parcel Number | R25745 | Improvements Assessment | $1,542,375 |
| Land Assessment | $478,550 | Total Assessment | $2,020,925 |
PROPERTY TAXES
Parcel Number
R25745
Land Assessment
$478,550
Improvements Assessment
$1,542,375
Total Assessment
$2,020,925
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