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200 W Mile 3 Rd
Palmhurst, TX 78573
Dutch Bros Ground Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease with Dutch Bros
  • New High-Quality 2023 Construction
  • Rapid Growth in the Immediate Area with Population and Households Projected to Increase 14-15 Percent in a One-Mile Radius by 2027
  • 10 Percent Rental Increases Every Five Years
  • 190,384 Residents within a Five-Mile Radius
  • Located in a Dense Retail Corridor Anchored by H-E-B and Walmart - Other Tenants Include McDonald’s, Chick-fil-A, Goodwill, Whataburger, and Walgreens

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.03 AC
Parking
14 Spaces (14.74 Spaces per 1,000 SF Leased)
Frontage
164’ on 3 Mile Rd

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C7948-02-000-0002-00
Land Assessment
$656,758
Improvements Assessment
$323,263
Total Assessment
$980,021
  • Listing ID: 29188947

  • Date on Market: 8/4/2023

  • Last Updated:

  • Address: 200 W Mile 3 Rd, Palmhurst, TX 78573

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