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Broker

Kyle Varni

Secure Net Lease
Vice President
  • 18Active Listing
  • 2Under Contract
  • 0Sold Transactions

Kyle specializes in the acquisition and disposition of single-tenant and net-leased investment sales throughout the United States. Through his substantial market research, knowledge, and genuine interest in each client’s specific needs, he is able to advise clients to hit their investment goals and maximize their results. Kyle joined Secure Net Lease in 2021 from Marcus & Millichap where he started in 2018 as an agent in the Dallas office. He received the Marcus & Millichap Pace Setter award in 2018, an award bestowed upon new agents who meet a high standard of performance during their first 16 weeks following training. Kyle worked with a top-producing group that closed 120+ transactions in the past two years. Prior to joining Marcus and Millichap in 2018, he worked for Endeavor Real Estate and Southwest Strategies Group in Austin, TX. Kyle graduated from the McCombs School of Business at the University of Texas at Austin with a degree in Finance.

Licensed in: TX
10000 N Central Expy, Ste 200 Dallas, TX 75231

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7304 Denton Highway, Watauga, TX , 76148
  • Size SF3,782
  • Built/Renov2015/2024
  • Price/SF$763
  • Lease Start05-01-2024
  • Rent/SF$30.54
  • Lease Type Abs NNN
  • Lot/AC1.23
  • Pop 5MI311,463

2,887,500

  • Cap Rate 4.00%
  • NOI $115,500
  • R. Term/Yrs 10.11
  • Guarantor Corp R + T
  • # Units 3
  • Recent renovation

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant CosMc's
  • Guarantor Corp T and Rated
  • #Units 3
  • Moody's/S&P Baa1/ BBB+
  • Stock NYSE: MCD
NWC FM 423 & Old Newman Road, Frisco, TX , 75036
  • Size SF1,925
  • Built/Renov2024
  • Price/SF$1,672
  • Lease Start08-01-2024
  • Rent/SF$87.79
  • Lease Type Abs NNN
  • Lot/AC1.13
  • Pop 5MI231,579

3,219,000

  • Cap Rate 5.25%
  • NOI $169,000
  • R. Term/Yrs 15.1
  • Guarantor Corporate
  • # Units 135
  • New construction

  • Signalized intersection

  • Oversized lot

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Corporate Guarantee

  • ...
  • Tenant Black Rock Coffee Bar
  • Guarantor Corporate
  • #Units 135
  • Stock Private
2201 West Texas Avenue, Midland, TX , 79701
  • Size SF510
  • Built/Renov2024
  • Price/SF$3,905
  • Lease Start02-01-2024
  • Rent/SF$234.31
  • Lease Type Abs NNN
  • Lot/AC0.48
  • Pop 5MI135,261

1,991,700

  • Cap Rate 6.00%
  • NOI $119,500
  • R. Term/Yrs 14.7
  • Guarantor Franchisee
  • # Units 6
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Long 10+ yr lease

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 6
  • Stock Private
3314 West Loop 250 North, Midland, TX , 79707
  • Size SF510
  • Built/Renov2024
  • Price/SF$3,203
  • Lease Start02-26-2024
  • Rent/SF$192.16
  • Lease Type Abs NNN
  • Lot/AC0.71
  • Pop 5MI128,547

1,633,500

  • Cap Rate 6.00%
  • NOI $98,000
  • R. Term/Yrs 14.8
  • Guarantor Franchisee
  • # Units 6
  • New construction

  • High traffic 50M+ VPD

  • Near major nationals

  • Strategically located

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 6
  • Stock Private
564 Beal Parkway Northwest, Fort Walton Beach, FL , 32548
  • Size SF2,824
  • Built/Renov2023
  • Price/SF$1,163
  • Lease Start11-12-2023
  • Rent/SF$58.16
  • Lease Type Abs NNN
  • Lot/AC0.99
  • Pop 5MI75,656

3,285,000

  • Cap Rate 5.00%
  • NOI $164,250
  • R. Term/Yrs 19.5
  • Guarantor Corp R + T
  • # Units 1,733
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Affluent suburb location

  • Income tax free state

  • Long 15+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Murphy USA | Murphy Express
  • Guarantor Corp T and Rated
  • #Units 1,733
  • Moody's/S&P Ba1/ BB+
  • Stock NYSE: MUSA
4760 South Broadway Avenue, Tyler, TX , 75703
  • Size SF3,500
  • Built/Renov2022
  • Price/SF$929
  • Lease Start01-12-2023
  • Rent/SF$55.71
  • Lease Type NN+
  • Lot/AC0.66
  • Pop 5MI106,623

3,250,000

  • Cap Rate 6.00%
  • NOI $195,000
  • R. Term/Yrs 8.7
  • Guarantor Corp Traded
  • # Units 672
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Strong demographics

  • Major MSA

  • Income tax free state

  • Favorable NN+ lease

  • Corporate Guarantee

  • Publicly traded company

  • ...
  • Tenant Sleep Number
  • Guarantor Corp Traded
  • #Units 672
  • Stock NASDAQ: SNBR
2110 South Western Street, Amarillo, TX , 79109
  • Size SF510
  • Built/Renov2023
  • Price/SF$2,615
  • Lease Start07-01-2024
  • Rent/SF$156.86
  • Lease Type Abs NNN
  • Lot/AC0.44
  • Pop 5MI162,853

1,333,500

  • Cap Rate 6.00%
  • NOI $80,000
  • R. Term/Yrs 15.0
  • Guarantor Franchisee
  • # Units 6
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 6
  • Stock Private
1480 Knickerbocker Road, San Angelo, TX , 76904
  • Size SF510
  • Built/Renov2023
  • Price/SF$3,252
  • Lease Start07-01-2024
  • Rent/SF$200.00
  • Lease Type Abs NNN
  • Lot/AC0.94
  • Pop 5MI97,461

1,658,500

  • Cap Rate 6.15%
  • NOI $102,000
  • R. Term/Yrs 15.0
  • Guarantor Franchisee
  • # Units 6
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Affluent suburb location

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 6
  • Stock Private
5270 U.S. 80, Pearl, MS , 39208
  • Size SF510
  • Built/Renov2023
  • Price/SF$3,470
  • Lease Start12-01-2023
  • Rent/SF$225.49
  • Lease Type Abs NNN
  • Lot/AC0.36
  • Pop 5MI66,095

1,769,500

  • Cap Rate 6.50%
  • NOI $115,000
  • R. Term/Yrs 19.5
  • Guarantor Franchisee
  • # Units 2
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 2
  • Stock Private
137 East Pineview Drive, Flowood, MS , 39232
  • Size SF510
  • Built/Renov2023
  • Price/SF$3,771
  • Lease Start08-01-2023
  • Rent/SF$245.10
  • Lease Type Abs NNN
  • Lot/AC1.16
  • Pop 5MI55,659

1,923,000

  • Cap Rate 6.50%
  • NOI $125,000
  • R. Term/Yrs 19.1
  • Guarantor Franchisee
  • # Units 2
  • New construction

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 2
  • Stock Private
402 N Bryant Blvd, San Angelo, TX , 76903
  • Size SF1,421
  • Built/Renov2024
  • Price/SF$877
  • Lease Start05-01-2024
  • Rent/SF$48.21
  • Lease Type Abs NNN
  • Lot/AC0.40
  • Pop 5MI93,450

1,245,500

  • Cap Rate 5.50%
  • NOI $68,500
  • R. Term/Yrs 14.10
  • Guarantor Corp R + T
  • # Units 1,000
  • New construction

  • Build to suit

  • Near major nationals

  • Freeway visibility

  • Affluent suburb location

  • Income tax free state

  • Long 15+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Take 5 Oil Change
  • Guarantor Corp T and Rated
  • #Units 1,000
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: DRVN
500 S Buckner Blvd, Dallas, TX , 75217
  • Size SF2,824
  • Built/Renov2023
  • Price/SF$856
  • Lease Start12-01-2023
  • Rent/SF$42.79
  • Lease Type Abs NNN
  • Lot/AC1.10
  • Pop 5MI201,509

2,417,000

  • Cap Rate 5.00%
  • NOI $120,850
  • R. Term/Yrs 19.5
  • Guarantor Corp R + T
  • # Units 1,733
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Income tax free state

  • Long 15+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Murphy Express
  • Guarantor Corp T and Rated
  • #Units 1,733
  • Moody's/S&P Ba1/ BB+
  • Stock NYSE: MUSA
1433 Encanto Place, Montrose, CO , 81401
  • Size SF510
  • Built/Renov2023
  • Price/SF$2,876
  • Lease Start07-01-2024
  • Rent/SF$172.55
  • Lease Type Abs NNN
  • Lot/AC0.64
  • Pop 5MI30,050

1,467,000

  • Cap Rate 6.00%
  • NOI $88,000
  • R. Term/Yrs 15.0
  • Guarantor Franchisee
  • # Units 6
  • New construction

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Affluent suburb location

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 6
  • Stock Private
Gibson Blvd SE & Alumni Drive Southeast, Albuquerque, NM , 87106
  • Size SF2,818
  • Built/Renov2024
  • Price/SF$1,052
  • Lease Start05-12-2024
  • Rent/SF$44.71
  • Lease Type Abs NNN
  • Lot/AC1.29
  • Pop 5MI196,471

2,965,000

  • Cap Rate 4.25%
  • NOI $126,000
  • R. Term/Yrs 14.11
  • Guarantor Corporate
  • # Units 736
  • New construction

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant Raising Cane's
  • Guarantor Corporate
  • #Units 736
  • Stock Private
107 Highway 80 West, Clinton, MS , 39056
  • Size SF510
  • Built/Renov2024
  • Price/SF$3,771
  • Lease Start02-01-2024
  • Rent/SF$245.10
  • Lease Type Abs NNN
  • Lot/AC0.52
  • Pop 5MI44,454

1,923,000

  • Cap Rate 6.50%
  • NOI $125,000
  • R. Term/Yrs 19.7
  • Guarantor Franchisee
  • # Units 2
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Affluent suburb location

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 2
  • Stock Private
3838 Andrews Highway, Odessa, TX , 79762
  • Size SF510
  • Built/Renov2023
  • Price/SF$3,431
  • Lease Start06-01-2023
  • Rent/SF$205.88
  • Lease Type Abs NNN
  • Lot/AC0.55
  • Pop 5MI115,302

1,750,000

  • Cap Rate 6.00%
  • NOI $105,000
  • R. Term/Yrs 14.0
  • Guarantor Franchisee
  • # Units 6
  • New construction

  • Signalized intersection

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 6
  • Stock Private
4001 North Grandview Avenue, Odessa, TX , 79762
  • Size SF510
  • Built/Renov2023
  • Price/SF$3,220
  • Lease Start07-01-2024
  • Rent/SF$193.14
  • Lease Type Abs NNN
  • Lot/AC0.51
  • Pop 5MI121,137

1,642,000

  • Cap Rate 6.00%
  • NOI $98,500
  • R. Term/Yrs 15.0
  • Guarantor Franchisee
  • # Units 6
  • New construction

  • Signalized intersection

  • High traffic 50M+ VPD

  • Shopping Ctr out-parcel

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 6
  • Stock Private
2730 Southwest Parkway, Wichita Falls, TX , 76308
  • Size SF510
  • Built/Renov2023
  • Price/SF$3,587
  • Lease Start07-01-2024
  • Rent/SF$220.59
  • Lease Type Abs NNN
  • Lot/AC0.47
  • Pop 5MI78,175

1,829,500

  • Cap Rate 6.15%
  • NOI $112,500
  • R. Term/Yrs 15.0
  • Guarantor Franchisee
  • # Units 6
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Shopping Ctr out-parcel

  • Affluent suburb location

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 6
  • Stock Private

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