Hat Creek Burger – Sachse, TX

Hat Creek Burger
7700 Texas 78, Sachse, TX 75048, USA

Sands Investment Group is pleased to exclusively offer for sale the 3,005 SF Hat Creek Burger located at 7700 Texas 78 in Sachse, TX. This deal includes 15+ years remaining on a long-term Absolute Triple Net (NNN) Lease with zero landlord responsibilities and 10% rent increases every five years.

  • 15+ years remaining on a long-term absolute triple-net (NNN) lease with zero landlord responsibilities.
  • 10% rent increases every 5 years.
  • Hat Creek Burger Company is a fast-growing chain that began in 2008 and has since grown to 25+ locations throughout the state of Texas.
  • Located at the intersection of TX State Highway 78 and Woodbridge Parkway, presenting itself to an average of 40,000+ VPD.
  • Essential-use tenant with a drive-thru and multiple access points.
  • Strategically located as an outparcel to LA Fitness and across the street from Walmart Supercenter.
  • Impressive demographics showing a population of 218,000+ residents and an average household income of $125,342 within a five-mile radius, located in one of the fastest-growing counties in the country.

 

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

Hat Creek Burger
7700 Texas 78, Sachse, TX 75048, USA

Hat Creek Burger

In 2008, a new food truck rolled into Austin, Texas named Hat Creek Burger Company. With 26 locations in Texas including Coppell, Little Elm and McKinney, the Texas-based establishment focuses on delicious food along with an organic experience. The truck sold burgers, shakes, fries and everything you might expect at a traditional burger stand. In a city famous for food trucks, Hat Creek managed to stick around through their commitment to always do the right thing. For Hat Creek President Drew Gressett, doing the right thing means giving customers the best quality food.  From never-frozen beef to freshly baked buns, Hat Creek’s brand revolves around taking care of customers. After serving thousands of burgers out of the food truck, Hat Creek’s brand grew, forcing the company to move to a larger location in Austin, which now serves as the primary location.

Price

$3,451,950

Cap Rate

8.00%

PREMISES

3,005 SF

YEAR BUILT

2019

RENEWAL OPTIONS

4 x 5 Year Options

Lease Expiration

08/31/2041

Lease Type

Absolute NNN

RENTAL INCREASES

10% Every Five Years

BROKERS

List with SIG

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