6520 W Adams Ave | Temple, TX 76502
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- LoopNet Team
6520 W Adams Ave
Temple, TX 76502
Retail Property For Sale
Investment Highlights
- Secure Long-Term Lease: 11.6 years remaining on the initial term with three 5-year renewal options. 10% rent increases every five years.
- Passive Investment: Absolute triple net lease with no landlord management responsibilities.
- Highly Visible Location: Prime location on W Adams Avenue with rare pole sign, is ideally positioned to capture local traffic (21,000+ vehicles daily)
- Rent Increase Near Term: The 10% rent increase takes effect next year boosting the yield to nearly 5.25%.
- Premier Tenant: Dutch Bros Coffee, the third-largest coffee chain in the U.S. by sales.
- Strong Market Demographics: Densely populated area with 94,000+ residents and a $65,000+ average household income within a 5-mile radius.
Property Facts
Property Type
Retail
Property Subtype
Building Size
862 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.65 AC
Frontage
67’ on West Adams Avenue
Property Taxes
| Parcel Number | 475093 | Improvements Assessment | $524,328 |
| Land Assessment | $232,512 | Total Assessment | $756,840 |
Property Taxes
Parcel Number
475093
Land Assessment
$232,512
Improvements Assessment
$524,328
Total Assessment
$756,840
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