Hoffbrau Granbury
315 E US 377Granbury, TX 76048
- INVESTMENT SALE FOR SALE
- Granbury
- Building Size: 4,092
- CONTACT FOR MORE INFORMATION
- Percentage Leased: 100%
Overview
- Hoffbrau has been operating for 15+ years at this location
- Double net asset with Landlord only responsible for roof, structure and parking lot allowing for consistent passive income
- Annual rent increases throughout the remaining 13 years of the lease
- Prime frontage along US Hwy 377, the dominant retail thoroughfare in Granbury
- Positioned amongst major anchors: Walmart, Home Depot, Starbucks, Lowe's and Chick-fil-A
- Population growth projected at 13.28% within the next 5 years
- No state income tax
Traffic Counts
- US 377:
- 43,340 vpd
- Waters Edge Dr:
- 9,451 vpd
Demographics
| YEAR | 1 Mile | 3 Mile | 5 Mile |
|---|---|---|---|
| Total Population | 5,367 | 19,253 | 39,359 |
| Total Households | 2,711 | 8,470 | 16,529 |
| Average Household Income | $94,795 | $101,694 | $113,304 |
| 5 Year Population Growth | 2.39% | 2.52% | 2.52% |
