708 MILAM, MEXIA, TX 76667
Homes for sale in Mexia.
Homes for sale in 76667.
List Price$1,850,000
708 Milam
Mexia, TX 76667
Listing #21268396
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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