Salad & Go

4950 East I-30, Fate, TX

IN CONTRACT

$1,652,200

Price

846 sqft

Building Size

32,434 sqft

Lot Area

Gallery
Street
Map
Overview
Building Size
846 sqft
Lot Area
32,434 sqft
Occupancy
100%
Lease Type
Ground
Year Built
2024
Tenancy
Single
Parking Spots
8
Description

Brand new 20-year ground leased Salad & Go with drive-thu. This 2024 construction Salad & Go is on a 20 year ground lease with three, 5-year options and 10% increases every 5 years. The subject property is located along Interstate 30 (63,740 VPD) within Fate Village, a grocery-anchored center at the gateway to many master planned communities in Fate, TX.

Highlights
  • A single-tenant Salad & Go on a 20-year ground lease with three, 5-year options in the rapidly growing Dallas MSA
  • The subject property features a corporate lease, double drive-thru, and separate mobile express pick-up window
  • The lease features 10% rental increases every 5 years during the primary term and option periods, providing an investor with a hedge against inflation
  • The subject property is well-positioned with excellent visibility from heavily trafficked Interstate 30 (63,740 VPD)
  • Texas is an income tax free state
Documents
Title
Salad_Go_FateTX.pdf
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Location
Gallery