

Listed by Matthews
$1,850,000
Salad & Go (Dark)
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 765
Cap Rate 5.95%
NOI $110,000
Lease Type Absolute NNN
Lease Expiration 05/31/2042
Remaining Term 16
Rent Bumps Yes
Price per SqFt $2,418
Year Built 2022
Acreage 0.760
Investment Type Net Lease
Ground Lease Yes
Brand New Salad & Go Ground Lease – 16+ Years Remaining, Absolute NNN, DFW Metro
Marketing description
- Brand New Construction: Newly built facility in 2022 designed to accommodate drive-thru-heavy tenants.
- Prime Highway Visibility: Signalize corner lot along TX-78 with ~46,500 VPD, plus an additional ~15,600 VPD from Bunker Hill Rd.
- Affluent DFW Submarket: Located in Sachse, TX with ~$159K average household income within a 1-mile radius, approximately 25 miles from Uptown and 10 miles from Plano—two of Dallas’ primary employment centers.
- Dominant Grocery-Anchored Center: Per AlphaMap the Kroger ranks top 10% in the nation for foot traffic while most of the other pad users rank in the top 15% – 30% nationally.
- Absolute NNN Ground Lease: Absolute NNN lease structure with zero landlord responsibilities, allowing for fully passive ownership for both local and out-of-state investors.
- 10% Rent Increases Every 5 Years: Three 10% increases remain in the base term of the original 20-year lease. The next increase in mid-2027 is reflected in the marketed cap rate, with two additional increases providing continued income growth.
- Recoup 104% of Investment: With 16+ years remaining on a corporate Salad & Go lease, nearly $2M in contractual rent remains—allowing investors to recover more than their initial investment during the base term.
- Potential Leasing Upside: Landlord receives 50% of any sublease rent above the current rate, creating mark-to-market upside if higher rent is achieved.
*TX Disclaimer* Conrad Sarreal (in conjunction with Matthews™, a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code)
Investment highlights
- Brand New Construction: Newly built facility in 2022 designed to accommodate drive-thru-heavy tenants.
- Prime Highway Visibility: Signalize corner lot along TX-78 with ~46,500 VPD, plus an additional ~15,600 VPD from Bunker Hill Rd.
- Affluent DFW Submarket: Located in Sachse, TX with ~$159K average household income within a 1-mile radius, approximately 25 miles from Uptown and 10 miles from Plano—two of Dallas’ primary employment centers.
- Dominant Grocery-Anchored Center: Per AlphaMap the Kroger ranks top 10% in the nation for foot traffic while most of the other pad users rank in the top 15% - 30% nationally.
- Absolute NNN Ground Lease: Absolute NNN lease structure with zero landlord responsibilities, allowing for fully passive ownership for both local and out-of-state investors.
- 10% Rent Increases Every 5 Years: Three 10% increases remain in the base term of the original 20-year lease. The next increase in mid-2027 is reflected in the marketed cap rate, with two additional increases providing continued income growth.
- Recoup 104% of Investment: With 16+ years remaining on a corporate Salad & Go lease, nearly $2M in contractual rent remains—allowing investors to recover more than their initial investment during the base term.
- Potential Leasing Upside: Landlord receives 50% of any sublease rent above the current rate, creating mark-to-market upside if higher rent is achieved.
Listing Contacts


Listed by Matthews
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,000.00
$9,166.67/mo
Valuation Metrics
0
DSCR
5.95%
Cap Rate
5.95%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?






