HTeaO
HTeaO | 2024 Construction | Absolute NNN | Drive-Thru | $1,914,000 | Eagle Pass, TX
Marketing description
HTeaO is an absolute-NNN, single-tenant drive-thru asset located in the emerging South Texas submarket of Eagle Pass. The Tenant has a recent 10-year lease through March 2034, personally guaranteed. Built in 2024, HTeaO is a 2,500 square feet asset with a drive-thru, providing long-term residual value. The lease offers passive ownership with zero landlord responsibilities and 10% rent escalations every 5 years, including each of the four 5-year renewal options. The Property benefits from strong access and visibility, situated on +/- 1.09 acres along South Bibb Avenue, which feeds into key transportation corridors, U.S. Highway 277 and U.S. Highway 57. Neighboring national credit retailers include Walmart Super Center, Lowe’s Home Improvement, Ross Dress for Less, Chick-fil-A, and Dollar General amongst others.
Investment highlights
10-Year Absolute NNN Single-Tenant Drive-Thru Asset in the Emerging South Texas Submarket of Eagle Pass, TX
Primary Lease Term Through March 2034; 10% Escalations Every 5 Years Including Each of the Four, 5-Year Renewal Options
HTeaO is America’s Largest Iced Tea Franchise & Ranked #59 on Inc. Magazine’s 500 Regionals Southwest; 140+ Existing Brick & Mortar Locations in 8 States, 300 in Development, 530+ Active Franchise Licenses
Well-Positioned Just Off Intersection at U.S. Highway 281 & U.S. Highway 57 (S. Bibb Ave); 47,677+ Combined VPD & Located Between Discount Tire, Blue Wave Express Car Wash & Chick-fil-A
Neighboring National Tenant Retailers Include Walmart Supercenter, H-E-B Grocery Store, Lowe’s Home Improvement, Chick-fil-A, Academy Sports and Outdoors, Dollar General, & Family Dollar Amongst Others
Positioned 0.7 miles from San Luis Elementary School, of Eagle Pass Independent School District which has 14,000+ Students Enrolled
Nearby Developments Include 12-Lane Expansion of Camino Real International Bridge, 2024-Build $9.6MM Hyatt Place Hotel, & 80-Acre National Guard Base to Support 2,300+ Soldiers as a Part of Operation Lone Star, a $10B Border Security Initiative
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