Contacts
Matthew Mousavi
SRS Real Estate Partners
Patrick Luther
SRS Real Estate Partners
Property Details
- Property Type Retail
- Property Size 1,776 SF
- Lot Size 0.47 Acre
- Cap Rate % 5.7
- Additional Rent Contact for pricing
- Date Updated Nov 20, 2024
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, drive-thru equipped, HTeaO investment property located in Colleyville, Texas (Dallas-Fort Worth MSA). The tenant, Double Tea II, LLC, recently signed a brand new 15 year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of 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 in an income tax free state. HTeaO is a growing and popular beverage company with over 125 locations. The site features brand-new construction with state-of-the-art amenities and a modern design.
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Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Colleyville, TX
- Zip Code 76034
- Market Dallas Fort Worth
Points of Interest
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North Richland Hills/Smithfield
3.47 miles
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Grapevine Vintage Railroad
5.76 miles
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Grapevine-Main Street
5.79 miles
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Trinity Lakes
6.14 miles
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D6-D22
6.51 miles
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D23-D40
6.54 miles
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B1-B19
6.59 miles
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B20-B49
6.65 miles
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DFW Airport Terminal B
6.82 miles
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E17-E38
6.89 miles
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ChargePoint
0.11 miles
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Shell
1.93 miles
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Kroger Gas
2.36 miles
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Kroger
2.45 miles
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Murphy USA
2.51 miles
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North Richland Hills Tesla Supercharger
2.58 miles
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Valero
2.60 miles
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Murphy Express
2.63 miles
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Chevron
2.85 miles
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Grubbs Nissan
2.91 miles
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Crash Investigation Site
3.12 miles
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Parking Lot G
3.18 miles
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Parking Lot F
3.30 miles
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Parking Lot I
3.36 miles
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Parking Lot H
3.42 miles
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Smithfield Station - Park and Ride
3.51 miles
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Professional 1 Visitor Parking
3.59 miles
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Texas Health Fitness Center Parking
3.60 miles
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Bus Parking
4.07 miles
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West Garage
4.57 miles
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Red Barn Bar-B-Que
0.02 miles
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Chick-fil-A
0.23 miles
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Chipotle
0.29 miles
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Sonic
0.30 miles
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McDonald's
0.72 miles
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McAlister's Deli
0.80 miles
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Gloria's Latin Cuisine
0.81 miles
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Mooyah
0.82 miles
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Costa Vida
0.83 miles
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Dunkin'
0.85 miles
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Whole Foods Market
0.14 miles
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Walmart Neighborhood Market
0.16 miles
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Market Street
0.72 miles
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Sprouts Farmers Market
1.29 miles
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Tom Thumb
1.87 miles
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Burkes Outlet
1.93 miles
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Kroger
2.29 miles
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Big Lots
2.42 miles
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Kohl's
2.47 miles
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Walmart Supercenter
2.66 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.