0 Shops BlvdDonna, TX 78537

  • Retail properties
  • 5,362 SF
For Sale
$3,625,000 View listing

Property Details for 0 Shops Blvd

Year built
2024
Lot size
1.65 AC
Property size (Sq ft)
5,362 SF
Property type
Retail properties
Property subtype
Restaurants

Description

This exceptional investment opportunity presents a brand-new, 5,362 square foot Chick-fil-A restaurant in Donna, Texas. Located within the Shops at 493, a thriving 200,000 square foot retail power center anchored by a Walmart Supercenter, this property boasts a prime location on Expressway 83 and FM 493, a high-traffic area with over 132,801 vehicles passing daily. The single-tenant, Class A building sits on a 1.65-acre lot with ample parking (80 spaces) and benefits from a 15-year absolute NNN lease with a credit-rated tenant. The lease includes a 10% rent increase every five years, ensuring strong future returns. Built in 2024, this property offers a 4.00% cap rate and a net operating income (NOI) of $145,000. The asking price is $3,625,000, translating to $676.05 per square foot. This is a secure, long-term investment with a highly reputable tenant and significant growth potential in a rapidly developing retail area. The property is zoned for commercial use. The strong tenant, favorable lease terms, and prime location make this a compelling investment opportunity.

Location Insight

City
Donna
County
Hidalgo
State
Texas
Latitude
26.1811
Longitude
-98.0437

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