Listed by Secure Net Lease
$917,000
Smoothie King
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 1,638
Cap Rate 6.00%
NOI $55,000
Occupancy 100%
Tenancy Single
Brand/Tenant Smoothie King
Lease Term 10
Lease Expiration 02/29/2032
Remaining Term 6
Rent Bumps Yes
Lease Options (4), 5-Year Renewal Options
Year Built 2022
Buildings 1
Stories 1
Acreage 0.380
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/08/2022
Ground Lease No
6.00% CAP | Located Right Next to The University of Texas Rio Grande Valley
Marketing description
- Rent Commencement: February 8, 2022
- 10-Year Absolute NNN Lease with 10% Rental Increases Every 5 Years, and (4) 5-Year Options to Renew
- Excellent Location & Demographics - Subject property is located on University Dr (31,590+ VPD), a major east-west thoroughfare in Edinburg that serves as a central artery for the city. There are 171,870+ residents living w/in 5 miles with an average household income of $96,600+.
- Strategically Located Right Next to The University of Texas Rio Grande Valley - With over 35,810 students and almost 3,000 staff members, it is the 9th largest university in Texas. UTRGV is known for its affordability, wide range of undergraduate and graduate programs, and their athletic teams, which compete in NCAA Division I.
- Located in a Dynamic Commercial Zone, Across from Walmart Supercenter - Subject property is also surrounded by many other nationally recognized tenants such as Planet Fitness, Whataburger, Lowe's, Chick-fil-A, 7 Brew Coffee, Schlotzsky's, Taco Bell, and much more.
- Smoothie King is a Leading National Health-QSR Brand with 1,246 U.S. locations, $728M system-wide sales, ~$661K average unit volume, and steady growth of 74 new stores in 2025. They offer nutrient-dense smoothies and wellness products with a mission to inspire healthy lifestyles.
- Part of the Growing McAllen–Edinburg–Mission MSA - The MSA exceeds 914,820 residents and serves as a major economic hub for South Texas. The region benefits from cross-border commerce, healthcare, higher education, and steady population growth.
Investment highlights
- 10-Year Absolute Net Lease with 10% Rental Increases Every 5 Years in both the Primary Term and Option Periods.
- Prime University Dr Corridor (31,590+ VPD) | 171,000+ Residents Within 5 Miles | $96K+ Avg HH Income
- Adjacent to The University of Texas Rio Grande Valley (35,800+ Students) | One of Texas’ Largest Universities Driving Daily Traffic & Demand
- Surrounded by National Retailers | Across from Walmart & Near Lowe’s, Chick-fil-A, Whataburger, Planet Fitness & More
- Located in the McAllen–Edinburg–Mission MSA | 914,820+ Population | Major South Texas Economic Hub
Listing Contacts
Listed by Secure Net Lease
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$55,000.00
$4,583.33/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
CG CommercialGeneral CommercialCommercial General
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View all 81 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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