Log In/Sign Up
Your email has been sent.
Valerie's Taco Shop | Drive-Thru Equipped 205 Airport Fwy 2,821 SF Retail Building Euless, TX 76040 $2,254,015 CAD ($799.01 CAD/SF) 5.75% Cap Rate



Investment Highlights
- 18+ Years Remaining | Options To Extend | Annual Rental Increases
- Airport Freeway (168,700 VPD) | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Valerie’s Taco Shop investment property located in Euless, Texas. The tenant, Valerie’s Taco Shop has over 18 years of initial term remaining with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and 2.5% annual rental increases throughout each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,821 SF
Building Class
C
Year Built/Renovated
1979/1995
Price
$2,254,015 CAD
Price Per SF
$799.01 CAD
Cap Rate
5.75%
NOI
$129,642 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.82 AC
Zoning
TX-10 - Texas Highway 10 Multi Use District
Parking
51 Spaces (18.08 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00446726 | Improvements Assessment | $494,332 CAD |
| Land Assessment | $443,947 CAD | Total Assessment | $938,279 CAD |
Property Taxes
Parcel Number
00446726
Land Assessment
$443,947 CAD
Improvements Assessment
$494,332 CAD
Total Assessment
$938,279 CAD
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Valerie's Taco Shop | Drive-Thru Equipped | 205 Airport Fwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
