Matthews Logo

Navigation Menu

5010 State Highway 78, Sachse, TX, 75048

Salad & Go (Dark)
$1,850,000

Key Information

Cap Rate
5.95%
Tot. SF
765
Lot Size
0.76 Acres
Year Built
2022
Term Remaining
±16.25 YRS
Type
Retail
NOI
$110,000

Highlights

  • Brand New Construction: Newly built facility in 2022 designed to accommodate drive-thru-heavy tenants.
  • Prime Highway Visibility: Signalize corner lot along TX-78 with ~46,500 VPD, plus an additional ~15,600 VPD from Bunker Hill Rd.
  • Affluent DFW Submarket: Located in Sachse, TX with ~$159K average household income within a 1-mile radius, approximately 25 miles from Uptown and 10 miles from Plano—two of Dallas’ primary employment centers.
  • Dominant Grocery-Anchored Center: Per AlphaMap the Kroger ranks top 10% in the nation for foot traffic while most of the other pad users rank in the top 15% – 30% nationally.
  • Absolute NNN Ground Lease: Absolute NNN lease structure with zero landlord responsibilities, allowing for fully passive ownership for both local and out-of-state investors.
  • 10% Rent Increases Every 5 Years: Three 10% increases remain in the base term of the original 20-year lease. The next increase in mid-2027 is reflected in the marketed cap rate, with two additional increases providing continued income growth.
  • Recoup 104% of Investment: With 16+ years remaining on a corporate Salad & Go lease, nearly $2M in contractual rent remains—allowing investors to recover more than their initial investment during the base term.
  • Potential Leasing Upside: Landlord receives 50% of any sublease rent above the current rate, creating mark-to-market upside if higher rent is achieved.

*TX Disclaimer* Conrad Sarreal (in conjunction with Matthews™, a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code)

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919, 528005 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204