18940 IH-35 | Kyle, TX 78640
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18940 IH-35
Kyle, TX 78640
P. Terry's Burger Stand Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20 Year NNN Corporate Ground Lease to P. Terry’s Burger Stand
- Brand New 2022 Construction with Highly Functional Footprint and Drive Thru Component
- Independently Owned and Operated by the Original Founders
- Rent Increases by 10% Every 5-Years Providing a Strong Hedge Against Inflation
- Part of the Dry River District Development, a 65-Acre Mixed-Use Commercial Development Anchored by Costco, EVO Entertainment & The Home Depot
- No State Income Tax in Texas
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,785 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.82 AC
PROPERTY TAXES
| Parcel Number | R179291 | Improvements Assessment | $1,113,150 |
| Land Assessment | $1,899,130 | Total Assessment | $3,012,280 |
PROPERTY TAXES
Parcel Number
R179291
Land Assessment
$1,899,130
Improvements Assessment
$1,113,150
Total Assessment
$3,012,280
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