This exceptional investment opportunity presents a 3,005-square-foot Hat Creek Burger restaurant located at 7700 Texas 78 in Sachse, Texas, 75048. The property boasts a highly desirable absolute triple-net (NNN) lease with zero landlord responsibilities, offering a secure and passive income stream. The current lease, initiated on August 12, 2019, has a remaining term of approximately 14.7 years, extending to August 31, 2039, with four 5-year renewal options. Rent increases are built in, with a 10% bump every five years, ensuring consistent growth in rental income. The property's strong financial performance is reflected in a 6.25% cap rate and a net operating income (NOI) of $276,156. The asking price is $4,418,503, translating to a price per square foot of $1,470.38. Built in 2019, this strategically located outparcel benefits from high visibility at the intersection of TX State Highway 78 and Woodbridge Parkway, experiencing an average daily traffic count exceeding 40,000 vehicles. Its proximity to a Walmart Supercenter and LA Fitness further enhances its appeal. The property's essential use nature, coupled with a drive-thru and multiple access points, contributes to its robust performance. The surrounding area demonstrates impressive demographics, with a population exceeding 218,000 residents and an average household income of $125,342 within a 5-mile radius, situated in one of the nation's fastest-growing counties. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with significant long-term growth potential. 100% occupancy is currently maintained.
Highlights
Over 14 years remaining on a long-term, absolute triple-net (NNN) lease with zero landlord responsibilities.
10% rent increases every five years.
Hat Creek Burger, a growing Texas chain, is the tenant.
High-traffic location at TX State Highway 78 and Woodbridge Pkwy (40,000+ VPD).
Essential-use tenant with drive-thru and multiple access points.
Strategically located outparcel near LA Fitness and across from a Walmart Supercenter.
The property is located at 7700 Texas 78 Sachse, TX.
What is the asking price?
The asking price for this property is $4,418,503.
What are key features of this property?
This property features: Over 14 years remaining on a long-term, absolute triple-net (NNN) lease with zero landlord responsibilities.; 10% rent increases every five years.; Hat Creek Burger, a growing Texas chain, is the tenant.
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Contacts
Max Freedman
Alex Dieguez
Adam Bridges
William Steinman
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Texas 78 Sachse, TX 75048
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Texas 78 Sachse, TX 75048
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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7700 Texas 78
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