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29485842
29485856

126 Chris Kelley Blvd, Hutto, TX 78634

BF
WA 115187
MAJ Commercial Real Estate
MJ
WA 126882
MAJ Commercial Real Estate
Listed by MAJ Commercial Real Estate
$3,595,000
376 days on market
Updated 20 days ago

Freebirds & Animal Hospital of Hutto

Details
Property Type Retail
Sub Type Commercial
Square Footage 5,000
Cap Rate 5.60%
NOI $201,250
Occupancy 100%
Tenancy Multi
Brand/Tenant Freebirds World: Animal Hospital Of Hutto
Lease Type NNN
Lease Term 10
Class A
Year Built 2025
Acreage 0.970
Tenant Credit Corporate Guarantee
Ownership Fee Simple

Retail | 5.60% CAP | 5,000 SqFt

Marketing description

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.

Located in an income tax Free state

Premium location directly Across from hutto high School and hutto memorial Stadium

Each tenant pays 4% of the Aggregate rental due for a Management fee

Investment highlights

  • Tenants: freebirds & animal hospital of hutto
  • Net operating income : $201,250
  • Cap rate : 5.60%
  • Sale price : $3,595,000
  • Lease type: nnn
  • Year built: 2025
  • Building size: +/-5,000 sf
  • Land size: +/-0.97 acres
  • Ownership type: fee simple
  • Located in an Income Tax Free State
  • Premium Location directly across from Hutto High School and Hutto Memorial Stadium
  • Each Tenant pays 4% of the Aggregate Rental Due for a Management Fee

Listing Contacts

BF
WA 115187
MAJ Commercial Real Estate
MJ
WA 126882
MAJ Commercial Real Estate
Listed by MAJ Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$201,250.00
$16,770.83/mo

Valuation Metrics

0
DSCR
5.6%
Cap Rate
5.6%
ROI

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