Texas Net Lease Rundown

November Capital  /   February 14, 2022

Recent Net Lease Activity in the State of Texas 

  • 1/24/2022 -Lubbock, TX – Dutch Bros with 15 years remaining sells for $1,860,000 (4.00% Cap Rate)
  • 1/18/2022 – Amarillo, TX – Hooters with 8 years remaining sells for $2,500,000 (5.75% Cap Rate)
  • 1/14/2022 – Austin, TX – CVS with 20 years remaining sells for $7,375,000 (3.85% Cap Rate)
  • 1/14/2022 – Mesquite, TX – Walgreens with 15 years sells for $6,347,000 (4.50% Cap Rate)
  • 1/7/2022 – Lubbock, TX – Starbucks with 10 years remaining sells for $2,900,000 (4.31% Cap Rate)
  • 1/7/2022 – Buda, TX – 7 Eleven with 15 years remaining sells for $6,403,000 (4.25% Cap Rate)
  • 1/6/2022 – Kerrville, TX – Wendy’s sells for $2,333,000 (4.50% Cap Rate)
  • 1/6/2022 – Willis, TX – Dollar General with 15 years remaining sells for $2,265,000 (4.75% Cap Rate)
  • 1/4/2022 – Sherman, TX – Jack in the Box with 20 years remaining sells for $2,106,000 (3.90% Cap Rate)
  • 1/4/2022 – Corpus Christi, TX – Take 5 Oil with 15 years remaining sells for $1,025,000 (4.88% Cap Rate)
  • 12/30/2021 – Sugar Land, TX – Walgreens with 11 years remaining sells for $8,043,956 (4.55% Cap Rate)
  • 12/30/2021 – Conroe, TX – Walgreens sells for $7,550,000 (5.00% Cap Rate)
  • 12/29/2021 – Laredo, TX – Blue Wave Car Wash with 15 years sells for $4,515,000 (6.00% Cap Rate)