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Burger King | Brand New Construction with Zero Landlord Responsibilities

$1,616,162

SWC of Marcus Uribe Drive & Sean Haggerty Drive, El Paso, TX 79934

Active
Last Updated: 02/01/2021

4.95

Cap Rate

80,000

NOI

Details:
Cap Rate:    4.95%
NOI:    $80,000
Building Size:    2,900 sqft
Lot Area:    0.9 acres
Price Per Sqft:    $557.30
Roof & Structure:    Tenant’s Responsibility
HVAC & Utilities :    Tenant’s Responsibility
Property Taxes, Insurance & Common Area :    Tenant’s Responsibility
Highlights:
  • A Brand-New Construction With Zero Landlord Responsibilities Which is Set to Open Q1 of 2021
  • Long Term 15 Year Ground Lease Backed By Top Tier Operator - Ampler Burgers, LLC (57 Unit Franchisee)
  • Hard Corner Location at the Signalized Intersect ion of Marcus Uribe Drive & Sean Haggerty Drive
  • Strategically Located Within a 5-Minute Driving Distance to Two El Paso ISD Elementary Schools and One Middle School - Serving Over 2,200 Students
  • Site Benefits From Limited Drive-Thru Competition in the Immediate Trade Area
  • Located Minutes Just South of a New Master -Planned Community Featuring 9,000 Homes Spread Across 2,300 Acres. Work is Commencing By Year End and Plan to Deliver the First Few Hundred Lots Mid to Late 2021
  • Strong El Paso Demographics With 94,119 Residents Within a 5-Mile Radius
  • Proven Market With Over $203.2 Million in Consumer Spending on Food & Alcohol Within a 5-Mile Radius
  • El Paso Which is the 6th Largest in the City in the State of Texas and Has a Population Estimate of Over 841,000 Residents
  • El Paso is Also Part of the Combined International Metropolitan Area Sometimes Referred to as the Paso Del Norte With Las Cruces, NM and Ciudad Juarez , Mexico and Has a Population of Over 2.5 Million; This Region is the Largest Bilingual and Binational Workforce in the Western Hemisphere
  • Nearby Tenants Include: Walgreens, Valley SuperMarket , GECU, Pizza Hut , Chick-fil-A, Planet Fitness, Subway, Domino’s Pizza, Little Caesars Pizza, McDonald’s, Dollar Tree, Wingstop, Carl’s Jr and Wing Daddy’s
Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale a 2,900 SF Burger King in El Paso, Texas. This Opportunity Includes a Brand-New Construction Ground Lease With Zero Landlord Responsibilities, Which is Set to Open Q1 of 2021, Providing For a Secure Investment.




In Cooperation With Sands Investment Group Austin, LLC Lic. #9004706

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