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Investment Highlights

  • Situated on Highly Visible and Accessible Primary Thoroughfare
  • Brand New 20 Year NNN Lease to Commence at Close of Escrow | 10% Increases Every 5 Years | 4 x 5-Year Options
  • Outparcel to a Tractor Supply Co & Positioned Along Uvalde’s Busiest Commercial Corridor With Excellent Access and Exposure
  • High-Visibility Location Along East Main Street With 22,547 VPD | On-Site Tesla Supercharger Station Drives Additional Customer Traffic
  • Lease Guaranteed by 21-Unit Regional Franchisee With a Proven Track Record and Expansion Plans Across the Region
  • Surrounded by Strong National Retail and Key Demand Drivers | Just Two Blocks From Uvalde Memorial Hospital and Minutes From Multiple School Campuses

Executive Summary

Marcus & Millichap is pleased to present the opportunity to acquire a newly renovated Burger King located at 515 E Main Street in Uvalde, Texas. The offering features a brand-new 20-year absolute NNN sale-leaseback with no landlord responsibilities and 10% rent increases every five years. The lease is backed by a growing 21-unit regional franchisee and commences at the close of escrow, providing long-term stability from day one.
Fully renovated to the latest Burger King prototype in 2021, this ±2,860-square-foot building features a dual drive-thru and sits on a large ±0.83-acre lot with excellent visibility along East Main Street (±22,547 VPD). The site is outparcel to a Tractor Supply Co. and benefits from significant retail synergy with surrounding tenants including Starbucks, McDonald’s, Walgreens, HEB, Wendy’s, Taco Bell, and more. A Tesla Supercharger station on-site further drives foot traffic and broadens customer reach.
Uvalde serves as a regional hub for five counties and is supported by a stable local economy centered around healthcare, education, agriculture, and government services. The subject property is just two blocks from Uvalde Memorial Hospital and near the city’s primary school campuses, including Uvalde High School and Morales Junior High. With a three-mile population nearing 17,000 and average household incomes over $78,000, the trade area offers a solid consumer base for fast food operations.
Offered at $2,608,696 with a 5.75% cap rate, this asset provides investors a chance to secure a long-term, inflation-hedged income stream backed by a recognizable national brand in a growing South Texas market. With recent renovations, strong drive-thru infrastructure, and favorable lease terms, this Burger King is well-positioned for long-term operational success.

Property Facts

Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,860 SF
Building Class
C
Year Built/Renovated
1985/2021
Price
$3,573,157 CAD
Price Per SF
$1,249.36 CAD
Cap Rate
5.75%
NOI
$205,456 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.83 AC
Frontage
150’ on Main St

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Drive Thru
  • Car Charging Station
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

Buddy's Home Furnishings
First Convenience Bank
Starbucks
Snap Fitness 24/7
H-E-B
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
12782
Land Assessment
$254,930 CAD
Improvements Assessment
$699,108 CAD
Total Assessment
$954,039 CAD
  • Listing ID: 34924279

  • Date on Market: 2025-02-24

  • Last Updated:

  • Address: 515 E Main St, Uvalde, TX 78801

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