5140 Farm To Market 1626 Kyle, TX 78640
This exceptional investment opportunity presents a newly constructed, single-story, 6,975 square foot retail building situated on a 1.049-acre lot in Kyle, Texas, within the Austin MSA. The property boasts 100% occupancy with two established franchise tenants: Crust Pizza Co. and Snooze, an A.M. Eatery, operating under a triple-net (NNN) lease with a remaining term of 10 years. The lease includes a 10% rent bump every five years, ensuring consistent income growth. The building, constructed in 2023, offers a strong pro-forma NOI of $285,920 and a pro-forma cap rate of 5.50%. The asking price is $5,198,545. Located at 5140 Farm to Market 1626, Kyle, TX 78640, this property benefits from its strategic location near major thoroughfares, including IH-35, and its proximity to established retailers such as Target, Kohl's, and HEB Plus!, as well as Plum Creek, a large master-planned community. The property's high visibility and strong tenant mix make it an attractive investment for discerning buyers seeking a stable, high-performing retail asset in a rapidly growing market. Lease options are available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.