Absolute Triple Net Retail
For Sale
Contact for pricing
111 Lake Rd, Belton, TX 76513
Absolute triple net lease with zero landlord responsibilities and scheduled 10% rent increases every five years.
Property SizeContact for details
Days on Market124
Property Features for 111 Lake Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Sands Investment Group
Listed By:
Max Freedman · License #TX 644481
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 11:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group
Investment Insights
Based on property information with market context.
This offering features an absolute triple net retail lease with zero landlord responsibilities. The operator is personally guaranteeing the lease, and the rent structure includes 10% rent increases every five years. The lease includes four (4) x five (5) year options to extend, with the long-term term commencing upon close of escrow.
The property is strategically located next to Sparta Elementary School, Belton High School, and the University of Mary Hardin-Baylor. Neighboring tenants listed include Walmart, Walgreens, CVS, Aaron’s, Goodwill, UPS, Grand Avenue Theaters, Wellstone Health Partners, HEB Plus, Jack in the Box, Sonic, and Taco Bell.
The operator currently owns 12 Bush’s Chicken units and 4 Freddy’s Frozen Custards units.
The property is strategically located next to Sparta Elementary School, Belton High School, and the University of Mary Hardin-Baylor. Neighboring tenants listed include Walmart, Walgreens, CVS, Aaron’s, Goodwill, UPS, Grand Avenue Theaters, Wellstone Health Partners, HEB Plus, Jack in the Box, Sonic, and Taco Bell.
The operator currently owns 12 Bush’s Chicken units and 4 Freddy’s Frozen Custards units.
Key Highlights
- Absolute triple net lease with zero landlord responsibilities
- Operator currently owns 12 Bush’s Chicken units and 4 Freddy’s Frozen Custards (lease personally guaranteed by operator)
- Scheduled 10% rent increases every 5 years
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Explore this area
Business Placement
Demographics for 76513, TX
43,698
Population
16,004
Households
2.7
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
108.3 sq mi
ZIP Area
403
Density / Sq Mi
$82,366
Median Household Income
$38,428
Median Earnings
$1,216
Median Rent
$260,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute triple net lease with zero landlord responsibilities and scheduled 10% rent increases every five years.
Where is this nnn property located?
The property is located at 111 Lake Rd Belton, TX.
What are key features of this property?
This property features: Absolute triple net lease with zero landlord responsibilities; Operator currently owns 12 Bush’s Chicken units and 4 Freddy’s Frozen Custards (lease personally guaranteed by operator); Scheduled 10% rent increases every 5 years
