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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
Fast Food
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

PROPERTY TAXES

Parcel Number
05043-002-0160
Land Assessment
$845,140
Improvements Assessment
$1,909,680
Total Assessment
$2,754,820
  • Listing ID: 20633724

  • Date on Market: 8/14/2020

  • Last Updated:

  • Address: 7617 N Loop 1604 E, Live Oak, TX 78233

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