502 N Hwy 77
Waxahachie, TX
Price:
$1,140,000
Cap Rate:
6.25%
NOI:
$71,000
Building Size:
Approx. 2,043 Sq. Ft.
Lot Size:
Approx. 0.75 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2025
Investment Overview
- 2025 Construction. 2,043+/- SF Building. 0.75+/- Acre Site
- New 15-Year Abs. NNN Ground Lease w/ 10% Rent Increases Every 5-Yrs. In Primary Term & Options, Plus (5) 5-Yr. Options to Renew
- Located off N Hwy 77, the Main Retail Corridor in Waxahachie, Adjacent to H-E-B and Aldi & Just East of I-35 (64,170+ VPD)
- Exceptional Surrounding Demographics w/in 5-Miles – 58,000+ People w/ Avg. HH Income Over $113,000
- Waxahachie, Texas is a Growing City, 30 Miles South of Dallas, Enjoys Ideal Position along I-35, w/in Expanding Dallas–Fort Worth MSA
- HTeaO is the Nation’s Leading Iced Tea Franchise, Currently Operating 150 Locations Across 14 States
- Waxahachie | Located in the Dallas-Fort Worth Metroplex | Population: 51,400+