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Absolute NNN Restaurant Property
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230 NW Loop 564, Mineola, TX 75773

New construction is paired with a long-term lease and scheduled rent increases.

Property SizeContact for details
Days on Market145

Property Features for 230 NW Loop 564

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 31 Last Checked: Aug 31 at 1:33AM

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 newly constructed Bush’s Chicken restaurant is structured under an absolute triple-net lease, with no landlord responsibilities identified in the lease terms. The new 20-year lease is scheduled to begin upon close of escrow, and rent is set to increase by 10% every 5 years. A personal guarantee is provided by three partners.

The property is located at 230 NW Loop 564 in Mineola, Texas, approximately 80 miles east of Dallas. The parcel is outparceled to a Walmart Supercenter, Murphy Oil, Taco Bell, Whataburger, Sears Hometown Store, NAPA Auto Parts, and H&R Block. Store opening was estimated for January 2017.

Key Highlights

  • Absolute triple‑net lease with zero landlord responsibilities
  • New 20‑year lease commencing upon close of escrow
  • 10% rent increases every 5 years

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Electrical Service Dental Office Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby

Demographics for 75773, TX

13,559
Population
6,291
Households
2.2
Avg Household Size
46
Median Age
22%
College-Educated
89%
High-School Grad
177.0 sq mi
ZIP Area
77
Density / Sq Mi
$55,745
Median Household Income
$35,678
Median Earnings
$746
Median Rent
$221,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - New construction is paired with a long-term lease and scheduled rent increases.
Where is this nnn property located?
The property is located at 230 NW Loop 564 Mineola, TX.
What are key features of this property?
This property features: Absolute triple‑net lease with zero landlord responsibilities; New 20‑year lease commencing upon close of escrow; 10% rent increases every 5 years
More about this property
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