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Executive Summary

MAJ Commercial Real Estate is pleased to present the opportunity to acquire a brand-new, Multi-Tenant NNN Lease Investment located in the rapidly growing city of Hutto, Texas.
The property is 100% leased to Freebirds World Burrito and Animal Hospital Of Hutto, both operating under brand-new 10-year initial lease terms. Freebirds features 10% rental increases every five (5) years, while Animal Hospital Of Hutto benefits from 2% annual rental increases, offering a strong and growing income stream for investors. Strategically located along Chris Kelley Blvd, the site sits directly across from Hutto High School and Hutto Memorial Stadium, ensuring high visibility and consistent traffic. The property is also situated just east of the Carmel Creek Development, a 466-acre mixed-use project anchored by The Emory Apartments, a 305-unit Class A multifamily development. Surrounding national and regional tenants include Lowe’s, Salad and Go, McAlister’s Deli, Take 5 Oil Change, Home Depot, Chase Bank, and many more—highlighting the strength and growth of this trade area. This is a rare opportunity to acquire a stabilized, newly constructed retail asset in one of Central Texas’ fastest-growing submarkets.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
A
Year Built
2025
Price
$4,936,259 CAD
Price Per SF
$987.25 CAD
Cap Rate
5.60%
NOI
$276,334 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
1.61 AC
Parking
24 Spaces (4.8 Spaces per 1,000 SF Leased)
Frontage
66’ on Chris Kelley Boulevard

Amenities

  • Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Starbucks
Cadence Bank
Freebirds World Burrito
McAlister's Deli
Chuy's
Chili's Grill & Bar
HOTWORX
Taco Casa
MOD Pizza
Wells Fargo Home Mortgage

Property Taxes

Property Taxes

Parcel Number
R619666
Land Assessment
$901,903 CAD
Improvements Assessment
$2,824,889 CAD
Total Assessment
$3,726,792 CAD
  • Listing ID: 39243244

  • Date on Market: 2026-01-28

  • Last Updated:

  • Address: 126 Chris Kelley blvd, Hutto, TX 78634

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