2020 I-35Belton, TX 76513

For Sale
$1,750,000

High-traffic I-35 location, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 12,900 square foot retail property, located at 2020 I-35 in Belton, Texas (zip code 76513), presents a prime redevelopment opportunity. Currently configured as a multi-tenant QSR/Fast Food facility with seven tenants, the property boasts 100% occupancy and a strong NOI of $65,964. The asking price is $1,750,000, representing a 3.77% cap rate. Situated on a 1.035-acre lot, the property features two single-story buildings, built in 1949 and renovated in 2023, offering 8 ground-level bays and 40 parking spaces. The property benefits from high visibility and accessibility with two curb cuts on I-35 and a pull-through access to Wall Street. The average family income within 5 miles is $89,440, and the location experiences high traffic volume of 97,577 vehicles daily on I-35, near the junction of I-14 and I-35. The property is zoned for commercial use and is ideal for a drive-thru, drive-through restaurant, or quick-service restaurant. The current lease is a gross lease with a remaining term of one year. This is a net lease investment opportunity. The property's APN is 148862 485227 501677 209277.

Highlights

  • 12,900 SF retail property redevelopment opportunity in Belton, TX.
  • High-traffic location on I-35, averaging 97,577 vehicles daily, near the I-14 junction.
  • Strong demographics: $89,440 average family income within 5 miles.
  • Ideal for drive-thru restaurants or QSRs.
  • Eight ground-level bays and 40 parking spaces.
  • Excellent access with two I-35 curb cuts and Wall Street pull-through.

Property Details for 2020 I-35

Property type
Other retail properties, Restaurants
Square Feet
12,900 SF
Class
B
Year Built/Renovated
1949/2023
Buildings
2
Stories
1
Lot Size (sq. ft)
45,085 SF
Units
2

Location Insight

City
Belton
County
Bell
State
Texas
Latitude
31.03696786
Longitude
-97.47055204
2020 I-35, Belton, Texas

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2020 I-35
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