2829 North StNacogdoches, TX 75965

Offered for sale is a fee simple interest in a 2,400 square foot Dillas Primo Quesadillas restaurant located at 2829 North Street, Nacogdoches, Texas 75965. This exceptional investment opportunity features a 15-year absolute NNN lease with a franchisee tenant, commencing October 16, 2024, and expiring October 31, 2039. The lease includes 2% annual rent bumps and four, five-year renewal options, ensuring consistent income growth. The property boasts a strong 6.50% cap rate and a current NOI of $162,000. Built in 2017 and fully renovated in 2024, the single-story building sits on a 0.45-acre lot with excellent visibility at a signalized intersection experiencing a combined 21,000 vehicles per day. Its prime location on a major retail thoroughfare places it near numerous national tenants, including a Chick-fil-A directly across the street. The property benefits from its proximity to Stephen F. Austin State University, with an enrollment of 10,888 students, less than half a mile away. This is a rare opportunity to acquire a well-positioned, high-performing QSR property in a thriving Texas market with a long-term, secure lease. The property is classified as Class B and has 100% occupancy.