Whataburger – GL Princeton, TX

803 W Princeton Dr
Princeton, TX

Price: $1889000
Cap Rate: 4.50%
NOI: $85,000
Building Size: Approx. 3578 Sq. Ft.
Lot Size: Approx. 1.19 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2017

Investment Overview

  • 2017 Construction | 3,578+/- SF Building on 1.19+/- Acre Site
  • 15-Yr Corp NNN Ground Lease w/ 10% Rent Bump Every 5-Yrs
  • Located along Highway 380 (27,000 VPD) and Beauchamp Blvd
  • Adjacent to Chick-Fil-A & Walmart | Near 7-11, Burger King, CVS
  • Near: Princeton HS (1,048-Students) | Whitewing Trails (2,800-Homes)
  • Princeton is located in Collin Co. – One of the Fastest-Growing–Dallas Morning News
  • 3-Mile Radius:  Est 347 Busi w/ 2,032 Empl | Avg. HH Income:  $66,047
  • Dallas/Fort Worth (MSA): 4th Largest MSA in U.S | Population: 6,526,548

Copyright © 2024 Secure Net Lease.