Burger King | 20yr NNN | Dual Drive-Thru 515 E Main St 2,860 SF 100% Leased Retail Building Uvalde, TX 78801 $2,608,696 ($912.13/SF) 5.75% Cap Rate

Marcus & Millichap is pleased to present the opportunity to acquire a newly renovated Burger King located at 515 E Main Street in Uvalde, Texas. The offering features a brand-new 20-year absolute NNN sale-leaseback with no landlord responsibilities and 10% rent increases every five years. The lease is backed by a growing 21-unit regional franchisee and commences at the close of escrow, providing long-term stability from day one.
Fully renovated to the latest Burger King prototype in 2021, this ±2,860-square-foot building features a dual drive-thru and sits on a large ±0.83-acre lot with excellent visibility along East Main Street (±22,547 VPD). The site is outparcel to a Tractor Supply Co. and benefits from significant retail synergy with surrounding tenants including Starbucks, McDonald’s, Walgreens, HEB, Wendy’s, Taco Bell, and more. A Tesla Supercharger station on-site further drives foot traffic and broadens customer reach.
Uvalde serves as a regional hub for five counties and is supported by a stable local economy centered around healthcare, education, agriculture, and government services. The subject property is just two blocks from Uvalde Memorial Hospital and near the city’s primary school campuses, including Uvalde High School and Morales Junior High. With a three-mile population nearing 17,000 and average household incomes over $78,000, the trade area offers a solid consumer base for fast food operations.
Offered at $2,608,696 with a 5.75% cap rate, this asset provides investors a chance to secure a long-term, inflation-hedged income stream backed by a recognizable national brand in a growing South Texas market. With recent renovations, strong drive-thru infrastructure, and favorable lease terms, this Burger King is well-positioned for long-term operational success.