Absolute NNN Taco Shop
205 Airport Freeway Euless, TX 76040
205 Airport Freeway, Euless, TX, 76040
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For Sale
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Fee-simple acquisition of an absolute NNN leased taco shop on a major Euless retail/commercial corridor.
Property Size2,821 SF
Price / SF$577.10
Days on Market56
Property Features for 205 Airport Freeway
General Information
- Standard status
- Active
- Size
- 2,821 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1979
Listing agency
SRS Real Estate Partners - Global Company
(480) 221-4221
Listed by
Michael Kaplan · License #771801
Source
Crexi
Added: May 27 Updated: Jul 10 at 1:53PM Checked: Jul 21 at 6:17AM
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 SRS Real Estate Partners - Global Company
Investment Insights
Based on property information with market context.
SRS National Net Lease is offering the fee simple interest (land and building ownership) in an absolute NNN leased Valerie’s Taco Shop investment property. The property is operated under an existing lease with over 18 years of initial term remaining and three (5-year) extension options. Rental rates include 2% annual increases throughout the initial term and 2.5% annual increases during each option period. The structure is an absolute NNN lease, meaning there are zero landlord responsibilities.
The taco shop is located at a hard corner intersection on W Airport Freeway and S Byers Street, with convenient consumer access. The site is just off Airport Freeway, which is reported to carry over 168,700 vehicles per day. The location is also about one mile from Harwood Crossing, a Kroger-anchored center, and near Euless Town Center, anchored by ALDI and Ross.
This property is positioned for investors seeking an absolute NNN structure with long remaining lease term and multiple extension options. The tenant’s extended commitment to the location is supported by the remaining initial term and the available renewal periods, while the built-in annual rental increases are designed to provide periodic rent escalations over time.
The taco shop is located at a hard corner intersection on W Airport Freeway and S Byers Street, with convenient consumer access. The site is just off Airport Freeway, which is reported to carry over 168,700 vehicles per day. The location is also about one mile from Harwood Crossing, a Kroger-anchored center, and near Euless Town Center, anchored by ALDI and Ross.
This property is positioned for investors seeking an absolute NNN structure with long remaining lease term and multiple extension options. The tenant’s extended commitment to the location is supported by the remaining initial term and the available renewal periods, while the built-in annual rental increases are designed to provide periodic rent escalations over time.
Key Highlights
- Fee‑simple acquisition of a 1979‑built Valerie’s Taco Shop property with an absolute NNN lease (land & building ownership).
- Valerie’s Taco Shop tenant has 18+ years remaining on the initial term, with 3 (5‑year) extension options.
- Lease includes 2% annual rental increases during the initial term and 2.5% annual increases during each option period.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Fee-simple acquisition of an absolute NNN leased taco shop on a major Euless retail/commercial corridor.
Where is this nnn property located?
The property is located at 205 Airport Freeway Euless, TX.
What is the asking price?
The asking price for this property is $1,628,000.
What are key features of this property?
This property features: Fee‑simple acquisition of a 1979‑built Valerie’s Taco Shop property with an absolute NNN lease (land & building ownership).; Valerie’s Taco Shop tenant has 18+ years remaining on the initial term, with 3 (5‑year) extension options.; Lease includes 2% annual rental increases during the initial term and 2.5% annual increases during each option period.
