1-Acre Pad Ground Lease - I-20 & FM 314, Van TX
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Building description
Build-to-suit ground lease opportunity on a +/- 1.00-acre pad on FM 314, just off the I-20 interchange in Van, Texas. The landlord will deliver a cleared, pad-ready site with an existing TxDOT curb cut and city water, sewer, and electric available. Offered on a NNN basis at approximately $84,000 to $90,000 per year; base term, escalations, and delivery scope negotiable.
A ground lease lets a retailer, quick-service restaurant, convenience-store/fuel, or service user control a high-visibility I-20 / FM 314 location with low up-front cost and build to their own prototype. This is a lease opportunity with no in-place tenant, so cap rate and NOI do not apply.
Cross access agreements, easements, and road maintenance agreements will be needed for mutual access across the lots and development. Located in a proven retail corridor next to Love's Travel Stop, with Taco Bell, Subway, Sonic, Starbucks, and a new McDonald's nearby.
Building highlights
- +/- 1.00-acre pad; build-to-suit ground lease
- ~$84,000-$90,000/year NNN; term negotiable
- Landlord delivers a cleared, pad-ready site
- Existing TxDOT curb cut; city water, sewer, electric available
- Cross-access, easement & road-maintenance agreements needed for mutual access
- Next to Love's Travel Stop; near Taco Bell, Subway, Sonic, new McDonald's
- Low up-front cost vs. purchase; build to your prototype
- I-20 / FM 314 visibility
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