7545 W Adams Ave
Temple, TX
Price:
$3,900,000
Cap Rate:
3.85%
NOI:
$150,000
Building Size:
Approx. 5,812 Sq. Ft.
Lot Size:
Approx. 1.7 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2024
Investment Overview
- 2024 Construction. ±5,812 SF Building On ±1.7 Acre Site
- New 20-Year Absolute NNN Ground Lease W/ 10% Rental Increases Every 5 Years In Primary Term And Options
- West Adams Avenue Corridor Commands An Estimated ~30,000 Vehicles Per Day
- 14.5-Acre, 290-Unit Multi-Family Development Directly Behind The Site
- Core Retail Hub Anchored By A Nearby Walmart Supercenter And Proximity To Chipotle
- Chick-fil-A Is A Privately Held, Family-Owned Quick-Service Restaurant Company With 3,287 Domestic Restaurants
- Temple, TX | Population Increased 26% Between 2014 And 2024 | Population: 101,765