708 MILAM, MEXIA, TX 76667

Homes for sale in Mexia.

Homes for sale in 76667.


Active

List Price$1,850,000

708 Milam

Mexia, TX 76667

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21268396

2,977

Square Feet

1

Number of Units

Commercial

Type

About This Property

FORMER BURGER KING RESTAURANT FOR SALE OR SUBLEASE, MEXIA, TEXAS - This offering features a 2019 built building for SALE OR SUBLEASE. Offering a Sale with the current Owner of the property with possession upon Closing and Funding. Or an absolute NNN Sublease to be negotiated with the current Leasee. Owner and Leasee will have zero landlord responsibilities. Sublease can commence immediately upon an executed lease agreement. This interior lot, brick building boasts 2,977 sq. ft. of fast-food restaurant space and a total of 28,992 sf of gross building area. It includes a double drive-through with 2 pick-up windows and a connecting parking lot with pass-through access to Starbucks. Some kitchen equipment conveys with the property. Suggested fast-food restaurants would be: Pei Wei, Panda Express, Wingstop, Buffalo Wild Wings, Long John Silvers, Braum's Ice Cream & Dairy Store, Dairy Queen or Texas Burger.  The site location benefits from excellent visibility and access along Milam Street or also known as Highway 84 with runs East and West through the heart of Mexia, TX. Current local fast food restaurants are McDonald's, Taco Bell, What-a-Burger, Starbucks and several local privately owned sit down or take away restaurants and Food Trucks. Mexia, Texas lies in the Texas Triangle is one of the nation's fastest-growing mega-regions. Mexia is poised to capitalize on this growth due to its strategic location in the Heart of the Texas Triangle. Mexia is also home to Navarro College -- Mexia. Mexia Economic Development Corporation has 2 manufacturing companies currently in the construction phase. These 2 future employers will add approx 1300+ jobs to the area by year 2032. Mexia, Texas is located 1 hour east of Waco, 1.5 hours south of Dallas and 3 hours northwest of Houston. Based on TxDOT Statewide Traffic Monitoring Program data, the Annual Average Daily Traffic for Hwy 84 in the vicinity of Mexia generally ranges from 7,000-12,000 vehicles per day (VPD).

Property Features

Location Information

County

Limestone

Subdivision

none

Interior Features

Has Fireplace

No

Tenant Pays

All Utilities, Grounds Care, Insurance, Pest Control, Sewer, Taxes, Trash Collection, Water

Heating

Central, Natural Gas

Total Number of Units

1

Cooling

Central Air, Electric

Accessibility

ADA Compliant, Grip-Accessible Features, Accessible

Floors

Ceramic Tile

Exterior Features

Construction

Rock, Stone

Lot Dimensions

159x269

Foundation

Slab

Possible Best Use

Food Service, Restaurant

Roof

Built-Up, Flat

Zoning

FS2

Utilities

Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Separate Meters, Water Available

Building Total Area (Sq. Ft.)

2,977

Parking Description

Concrete, Drive Through, Lighted, Parking Lot

Road Description

Highway

Lot Description

Interior Lot, Landscaped, Other

Is One Story

No

Lot Size in Acres

0.98

Lot Description

Interior Lot, Landscaped, Other

Lot Size in Sq. Ft.

42,688

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

COM

Community Features

Curbs, Sidewalks

Property SubType

Business

Lot Acres Source

Public Records

Year Built

2019

Similar Listings

Mortgage Calculator

$8,638

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$6,666

Monthly Tax

$1,541

Monthly Insurance

$431

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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