Property summary
This exceptional investment opportunity presents a fee-simple interest in a brand-new, 1,776 square foot HTeaO fast-food restaurant located at 4917 Colleyville Blvd, Colleyville, TX 76034, within the Dallas-Fort Worth MSA. The property, built in 2023, sits on a 0.47-acre lot and includes 13 parking spaces. The single-tenant, absolute NNN lease with Double Tea II, LLC, boasts a remaining term of 15 years, with three 5-year renewal options. Rent increases by 10% every five years, ensuring consistent income growth. The property features a dual drive-thru, enhancing customer convenience and sales potential. This strategically located site benefits from high visibility on Colleyville Blvd, a major thoroughfare with 32,900 average daily vehicles, and proximity to a strong retail corridor including Walmart, Whole Foods, Sprouts, and Lowe's. The 5-mile trade area boasts over 263,000 residents and 121,000 daytime employees, with an average household income of $138,245. The asking price is $2,054,000, representing a 6.25% cap rate and a $128,400 net operating income (NOI). The property is zoned for general commercial use and has an APN of 20606-1-1. This is a management-free investment opportunity in a strong, growing market.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Specialty Food Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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