

Listed by heritage real estate
$1,850,000
708 E Milam St
Details
APN 46551
Property Type Retail
Sub Type Restaurant
Square Footage 28,992
Net Rentable (SqFt) 2,977
Units 1
Price per SqFt $621
Year Built 2019
Stories 1
Acreage 0.980
Zoning FS2
Retail | 28,992 SqFt
Marketing description
Former Burger King Restaurant For Sale or Sublease, Mexia, Texas - This offering features a 2019 built building for Sale or Sublease. Offering a Sale with the current Owner of the property with possession upon Closing and Funding. Or an absolute NNN Sublease to be negotiated with the current Leasee. Owner and Leasee will have zero landlord responsibilities. Sublease can commence immediately upon an executed lease agreement. This interior lot, brick building boasts 2,977 sq. ft. of fast-food restaurant space and a total of 28,992 sf of gross building area. It includes a double drive-through with 2 pick-up windows and a connecting parking lot with pass-through access to Starbucks. Some kitchen equipment conveys with the property. Suggested fast-food restaurants would be: Pei Wei, Panda Express, Wingstop, Buffalo Wild Wings, Long John Silvers, Braum's Ice Cream & Dairy Store, Dairy Queen or Texas Burger. The site location benefits from excellent visibility and access along Milam Street or also known as Highway 84 with runs East and West through the heart of Mexia, TX. Current local fast food restaurants are McDonald's, Taco Bell, What-a-Burger, Starbucks and several local privately owned sit down or take away restaurants and Food Trucks. Mexia, Texas lies in the Texas Triangle is one of the nation's fastest-growing mega-regions. Mexia is poised to capitalize on this growth due to its strategic location in the Heart of the Texas Triangle. Mexia is also home to Navarro College – Mexia. Mexia Economic Development Corporation has 2 manufacturing companies currently in the construction phase. These 2 future employers will add approx 1300+ jobs to the area by year 2032. Mexia, Texas is located 1 hour east of Waco, 1.5 hours south of Dallas and 3 hours northwest of Houston. Based on TxDOT Statewide Traffic Monitoring Program data, the Annual Average Daily Traffic for Hwy 84 in the vicinity of Mexia generally ranges from 7,000-12,000 vehicles per day (VPD).
Listing Contacts


Listed by heritage real estate
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
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?





































