1700 Murphy AveDonna, TX 78537

This exceptional investment opportunity presents a fee-simple ownership of a Quick Quack Car Wash located at 1700 Murphy Ave, Donna, TX 78537. The property boasts a 3,809 square foot building constructed in 2022, situated on a substantial 47,044-acre lot in Hidalgo County. This Class A retail property operates under a 20-year absolute NNN lease, commencing July 14, 2022, and expiring July 14, 2042, with a remaining term of 17.7 years. The lease includes four, five-year options and features a 12% rent increase every five years, ensuring consistent income growth. The tenant, Quick Quack, is backed by a corporate guarantee, mitigating risk. The property currently enjoys 100% occupancy, generating a Net Operating Income (NOI) of $85,000 and a 5.25% cap rate. The asking price is $1,619,047, translating to a price per square foot of $425.06. The property is zoned for commercial use and benefits from its location in a high-traffic area, anchored by a Walmart Supercenter and other major retailers on Expressway 83 and FM 493, a primary north-south thoroughfare with over 132,801 vehicles per day. This ground lease property offers a secure, long-term investment with significant upside potential. The property is part of the Shops at 493, a 200,000 square foot retail power center.