Views: 0 DOM: 90 Updated: 11.28.23 Posted: 09.13.23 Status: Active


Price $9,080,000
Built/Renov 2023
Tenant Texas Born
Cap Rate 6.00%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 6,400
Lease Start 08-01-2023
#Units 48
Price/SF $1,418.75
Expiration 08-01-2043
Tenant Type Convenience/Gas
NOI $545,000
R. Term 19.7
Ownership Fee Simple
Rent/SF $85.16
Increases 8.0%/5/yrs
Pop 5Mi 153,322
Lot/AC 1.79
Options 5/5yrs/8%
AHHI 5Mi $67,658

Lease Highlights

  • The newly constructed building features a state-of-the-art design with high-quality materials
  • Tenant recently signed a brand-new 20-year lease with 5 (5-year) options to extend
  • Lease features 8% rental increases every 5 years during the initial term and at the beginning of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Income tax free state

Location Description

Texas Born is strategically located at the hard corner, signalized intersection of University Drive East and Plaza Centre Ct, with a traffic count of 30,000 vehicles passing by daily. This prime location serves as a key route to Texas A&M University, serving as a primary access point for students, faculty, staff, and visitors. Additionally, University Drive East intersects with State Highway...



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  • Tenant: Texas Born
  • Guarantor:Corporate
  • Company:Taylor Smartt, LLC
  • # Units:48
  • Stock:Private

About Tenant

TXB, or Texas Born, is a family of restaurant-style convenience stores and gas stations serving fresh-made food located in the southern portion of the United States with locations throughout Texas...



  1 Miles 3 Miles 5 Miles
2028 Total Population : 6,186 54,801 151,565
2023 Total Population : 5,697 52,839 146,722
2023 Employed Civilian Pop : 2,939 26,516 64,669
2023 Total Businesses : 242 2,377 5,006
2023 Average Household Income : $ 98,541 $ 75,753 $ 67,920
2023 Total Consumer Spending : $ 269 M $ 1541 M $ 3333 M
2023 Median Age : 40 27 24
2023 Total Households : 3,202 23,326 55,955
2023 Pop Age 25+: Bachelor's Degree : 1,563 9,075 18,339
2023 Average Home Value : $ 447,181 $ 348,809 $ 315,970
*ESRI data is presented for informational purposes only


Collection Street Cross Street Year Traffic Vol Distance
University Drive East Old Ti Rd 2020 14,896 0.24 mi
University Drive East Copperfield Pkwy 2021 8,955 0.40 mi
University Drive East Hwy 6 Frontage Rd 2021 20,303 0.44 mi
University Dr E Earl Rudder Fwy 2014 13,189 0.59 mi
Harvey Rd Old Ti Rd 2002 7,300 0.71 mi
Harvey Road Ethic Ln 2020 6,833 0.78 mi
TX 6 University Dr E 2021 62,401 0.79 mi
N Earl Rudder Fwy 2021 8,402 0.84 mi
State Hwy 6 Frontage Rd 2021 13,510 0.84 mi
TX 6 Frontage 6 Rd W 2021 49,903 0.86 mi

Listing Broker

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