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3131 North 16th Street
Orange, TX 77630
Asking Price
Contact for price
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Large 1.17-Acre Site With Double Drive-Thru <ul><li><span style="color: rgba(33, 37, 41, 1)">Brand-new 15-year absolute net ground lease featuring 10% rental increases every 5 years</span></li><li><span style="color: rgba(33, 37, 41, 1)">2025 construction with double-drive thru</span></li><li><span style="color: rgba(33, 37, 41, 1)">Large 1.17-acre parcel with multiple points of ingress/egress</span></li><li><span style="color: rgba(33, 37, 41, 1)">Massive unit-level sales (ask Agent for more details)</span></li><li><span style="colo
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
