700 Us-175 Frontage Rd Kaufman, TX 75142
- Retail properties
- 2,940 SF
- 1.03 lot acres
Current Use by Public Records
- Retail properties
Property Details for 700 Us-175 Frontage Rd
- Year built
- 2019
- Lot size
- 1.03 lot acres
- Property size
- 2,940 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a 2,940 square foot Burger King located on a 1.03-acre lot in Kaufman, Texas. The property boasts a 15-year remaining lease term (with four 5-year options) on an absolute NNN lease, featuring 7.5% rent bumps every five years. The property enjoys prime visibility and accessibility on US-175, a major highway connecting to Dallas and Fort Worth (34 miles away), with a daily traffic count of 18,126 vehicles. Its strategic outparcel location adjacent to a Walmart Supercenter (2.7 million annual visitors) ensures high foot traffic. The affluent area boasts an average household income exceeding $104,585 within a one-mile radius, further enhancing the property's value. The lease is backed by two franchisees operating a combined 195 Burger King locations nationwide, providing significant financial stability. Built in 2019, this single-unit property generates a strong NOI of $129,000, resulting in a 5.50% cap rate. The property's proximity to Kaufman High School and Norman Junior High School adds to its consistent traffic flow. Nearby national tenants include McDonald's, Starbucks, Whataburger, and more, creating a thriving commercial environment. The Burger King corporation's ongoing investment in restaurant modernization further strengthens the long-term prospects of this investment. The asking price is $2,345,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kaufman
- County
- Kaufman
- State
- Texas
- Longitude
- -96.3042
- Latitude
- 32.5704
