14290 Horizon Blvd Horizon City, TX 79928
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High-traffic Burger King, strong ROI.
Property size:
2,497 SFProperty Features for 14290 Horizon Blvd
General Information
- Property type
- Restaurants
- Square Feet
- 2,497 SF
- Lot Size
- 43,560 SF
Building Details
- Year Built/Renovated
- 2007/2017
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agency: andersenjung Listing Agent: Monica Chung
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a fee-simple, single-tenant, absolute NNN leased Burger King in Horizon City, Texas. The 2,497 square-foot restaurant, built in 2007 and renovated in 2017, sits on a one-acre lot with ample parking at a signalized intersection within a thriving retail corridor. The current lease, signed in November 2017, has a remaining term of three years with four, five-year renewal options, featuring a 7.5% rent increase every five years. The property boasts a strong 6.29% cap rate and a substantial net operating income (NOI) of $107,000. The franchisee tenant is backed by a successful multi-unit operator, providing added security. Located in a high-growth area of El Paso County, this property benefits from excellent visibility and proximity to numerous other national retailers and a dense residential population. The property's C1 zoning ensures flexibility for future development. This is a rare opportunity to acquire a well-established, high-performing fast-food property with significant long-term potential. All financial information is based on provided data and should be independently verified.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Horizon City
- County
- El Paso
- State
- Texas
- Longitude
- -106.18777707276
- Latitude
- 31.682608240872
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FAQs
What type of property is this?
Restaurant - High-traffic Burger King, strong ROI.
Where is this restaurant located?
The property is located at 14290 Horizon Blvd Horizon City, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 2,497 SF building on a 1-acre lot with ample parking.; Absolute NNN lease.; Burger King signed a 10-year lease in 2017 with four, five-year renewal options and 7.5% rent increases every five years.
