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About This Home

This 0-bedroom, 0-bathroom commercial at 708 Milam in Mexia, TX is listed for $1,850,000. Built in 2019, on a 0.98 acres lot.

Agent Description

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).

Key Features

  • Built in 2019
  • 0.98 acre lot

Property Details

2019

Monthly Cost Estimate

$9,894/mo

20% down · 6.5% · 30 years

Principal$1,338
Interest$8,017
Insurance$540

Estimates only. Actual payments may vary.

Location

708 Milam

Mexia, TX 76667

none

Property Details

Flooring

TileTile - Ceramic

Construction

Stone

Parking

Parking Lot

Heating

CentralNatural Gas

Cooling

Central AirElectric

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 708 Milam is listed at $1,850,000. The estimated monthly payment is $8,017 based on 20% down at 6.5% interest.

Key features include: Built in 2019, 0.98 acre lot.

This property is listed by Mitzi Eves and can be reached at 2148284300 or mitzieves1@gmail.com.

ME

Mitzi Eves

Agent at Coldwell Banker Realty

(214) 828-4300

Listed by Coldwell Banker Realty · View on Broker Site

MLS# 21268396· Source: listhub· Updated today

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708 Milam, Mexia, TX 76667

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