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7617 N Loop 1604 E
Live Oak, TX 78233
Hat Creek Burger · Retail Property For Sale
Investment Highlights
- 20-Year Sale-Leaseback commencing at the close of escrow
- Annual 1.50% rent increases; Average cap rate of 7.52% over the base term of the lease
- Corporate guarantee from Hat Creek
- Absolute NNN Lease with zero management responsibilities
- Explosive population growth of 10% over the next 5-years
- 5-mile population of 216,975 residents
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,158 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.03 AC
Zoning
B-3 - General Business District
Parking
18 Spaces (5.69 Spaces per 1,000 SF Leased)
Frontage
263’ on North Loop 1604 East
Amenities
- Freeway Visibility
- Drive Thru
Property Taxes
| Parcel Number | 05043-002-0160 | Improvements Assessment | $1,909,680 |
| Land Assessment | $845,140 | Total Assessment | $2,754,820 |
Property Taxes
Parcel Number
05043-002-0160
Land Assessment
$845,140
Improvements Assessment
$1,909,680
Total Assessment
$2,754,820
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