Property summary
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
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Location
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Owner & transaction history
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C1 · Horizon City, TXZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C1 in Horizon City, TX.
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