2250 Precinct Line Rd Hurst, TX 76054
For Lease
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This exceptional investment opportunity presents a brand-new, 827-square-foot Salad and Go restaurant in Hurst, Texas, within the DFW MSA. The property boasts a 20-year absolute NNN lease, commencing November 1, 2023, and expiring November 1, 2043, with three 5-year renewal options. The lease includes a corporate guarantee from a rapidly expanding national chain, providing significant security. Rental increases of 10% every five years are built into the lease, offering protection against inflation and consistent NOI growth. The current NOI stands at $100,000, yielding a 6.00% cap rate on the $1,667,000 asking price. Situated on a 0.43-acre lot with 89 parking spaces, the property is strategically located as an outparcel to a Lowe's Home Improvement store, benefiting from high visibility and significant traffic. The property is in the General Business District (GB) zoning and features a double drive-thru, enhancing customer convenience. The location is less than two miles from North East Mall, a major shopping center, and is surrounded by other national retailers, including Walmart, Target, and Home Depot. The strong demographics of the 5-mile trade area, with over 278,800 residents and 105,700 employees, and an average household income of $130,672 within a 1-mile radius, further solidify this investment's potential. This is a truly passive investment opportunity with zero landlord responsibilities. The property's APN is 24365--3A.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.