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Hat Creek Burger - Sachse, TX 7700 Texas 78 3,005 SF Retail Building Sachse, TX 75048 $3,451,950 ($1,148.74/SF) 8% Cap Rate
Investment Highlights
- 15+ years remaining on a long-term absolute triple-net (NNN) lease with zero landlord responsibilities.
- Hat Creek Burger Company is a fast-growing chain that began in 2008 and has since grown to 25+ locations throughout the state of Texas.
- Essential-use tenant with a drive-thru and multiple access points.
- 10% rent increases every 5 years.
- Located at the intersection of TX State Highway 78 and Woodbridge Parkway, presenting itself to an average of 40,000+ VPD.
- Strategically located as an outparcel to LA Fitness and across the street from Walmart Supercenter.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 3,005 SF Hat Creek Burger located at 7700 Texas 78 in Sachse, TX. This deal includes 15+ years remaining on a long-term absolute triple-net (NNN) lease with zero landlord responsibilities and 10% rent increases every five years.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,005 SF
Building Class
B
Year Built
2019
Price
$3,451,950
Price Per SF
$1,148.74
Cap Rate
8%
NOI
$276,156
Tenancy
Single
Building Height
1 Story
Zoning
C - Commercial
Frontage
260’ on Texas 78
Amenities
- Drive Thru
- Wheelchair Accessible
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Hat Creek Burger
- Accommodation and Food Services
- 3,005 SF
- $91.90
- Aug 2041
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Hat Creek Burger | Accommodation and Food Services | 3,005 SF | $91.90 | Aug 2041 |
Nearby Major Retailers
Property Taxes
| Parcel Number | R-10710-00A-002R-1 | Improvements Assessment | $1,751,528 |
| Land Assessment | $940,016 | Total Assessment | $2,691,544 |
Property Taxes
Parcel Number
R-10710-00A-002R-1
Land Assessment
$940,016
Improvements Assessment
$1,751,528
Total Assessment
$2,691,544
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Hat Creek Burger - Sachse, TX | 7700 Texas 78
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