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Broker

Kyle Varni

Secure Net Lease
Vice President
  • 23Active Listings
  • $47,576,584Active Volume
  • 0Under Contract
  • $0Volume
  • 6Closed Transactions
  • $13,567,500Sold Volume

Kyle specializes in the acquisition and disposition of single-tenant and net-leased investment sales throughout the United States. Through his substantial market research, knowledge, and genuine interest in each client’s specific needs, he is able to advise clients to hit their investment goals and maximize their results. Kyle joined Secure Net Lease in 2021 from Marcus & Millichap where he started in 2018 as an agent in the Dallas office. He received the Marcus & Millichap Pace Setter award in 2018, an award bestowed upon new agents who meet a high standard of performance during their first 16 weeks following training. Kyle worked with a top-producing group that closed 120+ transactions in the past two years. Prior to joining Marcus and Millichap in 2018, he worked for Endeavor Real Estate and Southwest Strategies Group in Austin, TX. Kyle graduated from the McCombs School of Business at the University of Texas at Austin with a degree in Finance.

Licensed in: TX
10000 N Central Expy, Ste 200 Dallas, TX 75231

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12 Thomas Drive, Panama City Beach, FL , 32408
  • Size SF2,824
  • Built/Renov2024
  • Price/SF$892
  • Lease Start01-01-2025
  • Rent/SF$44.62
  • Lease Type Abs NNN
  • Lot/AC1.06
  • Pop 5MI54,798

2,520,000

  • Cap Rate 5.00%
  • NOI $126,000
  • R. Term/Yrs 20.1
  • Guarantor Corp R + T
  • # Units 1,733
  • New construction

  • Signalized intersection

  • High traffic 50M+ VPD

  • Highway location

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Traded and rated company

  • ...
  • Tenant Murphy USA
  • Guarantor Corp T and Rated
  • #Units 1,733
  • Moody's/S&P Ba1/ BB+
  • Stock NYSE: MUSA
3998 Twin City Highway, Groves, TX , 77619
  • Size SF1,664
  • Built/Renov2024
  • Price/SF$1,145
  • Lease Start10-01-2024
  • Rent/SF$60.10
  • Lease Type Abs NNN
  • Lot/AC0.88
  • Pop 5MI89,445

1,905,000

  • Cap Rate 5.25%
  • NOI $100,000
  • R. Term/Yrs 14.10
  • Guarantor Corp R + T
  • # Units 1,850
  • New construction

  • High traffic 50M+ VPD

  • Near major nationals

  • Highway location

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Valvoline
  • Guarantor Corp T and Rated
  • #Units 1,850
  • Moody's/S&P Ba2/ BB
  • Stock NYSE: VVV
3910 South Broadway Avenue, Tyler, TX , 75701
  • Size SF6,370
  • Built/Renov1988/2024
  • Price/SF$235
  • Lease Start11-01-2024
  • Rent/SF$14.13
  • Lease Type Abs NNN
  • Lot/AC0.60
  • Pop 5MI112,991

1,500,000

  • Cap Rate 6.00%
  • NOI $90,000
  • R. Term/Yrs 9.11
  • Guarantor Corp Rated
  • # Units 160
  • Recent renovation

  • Hard corner intersection

  • Dense retail corridor

  • Highway location

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Long 10+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Tenant Brakes Plus
  • Guarantor Corp Rated
  • #Units 160
  • Moody's/S&P B3/ B-
  • Stock Private
1850 West White Street, Anna, TX , 75409
  • Size SF2,208
  • Built/Renov2022
  • Price/SF$1,230
  • Lease Start09-01-2024
  • Rent/SF$70.65
  • Lease Type Abs NNN
  • Lot/AC0.61
  • Pop 5MI4,789

2,715,000

  • Cap Rate 5.75%
  • NOI $156,000
  • R. Term/Yrs 14.9
  • Guarantor Franchisee
  • # Units 10
  • Dense retail corridor

  • Shopping Ctr out-parcel

  • Highway close

  • Affluent AHHI $100K 5 Mi

  • Income tax free state

  • Population increase trend

  • Brand new lease

  • Long 15+ yr lease

  • Annual rent increases

  • Personal guarantee

  • ...
  • Tenant Dairy Queen
  • Guarantor Franchisee
  • #Units 10
  • Moody's/S&P Aa2/ AA
  • Stock NYSE: BRK.A
11391 Montwood Drive, El Paso, TX , 79936
  • Size SF2,824
  • Built/Renov2024
  • Price/SF$850
  • Lease Start12-01-2024
  • Rent/SF$42.49
  • Lease Type Abs NNN
  • Lot/AC1.22
  • Pop 5MI283,553

2,400,000

  • Cap Rate 5.00%
  • NOI $120,000
  • R. Term/Yrs 19.11
  • Guarantor Corp R + T
  • # Units 1,733
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • ...
  • Tenant Murphy USA
  • Guarantor Corp T and Rated
  • #Units 1,733
  • Moody's/S&P Ba1/ BB+
  • Stock NYSE: MUSA
4760 South Broadway Avenue, Tyler, TX , 75703
  • Size SF3,500
  • Built/Renov2023
  • Price/SF$891
  • Lease Start01-12-2023
  • Rent/SF$55.71
  • Lease Type NN+
  • Lot/AC0.66
  • Pop 5MI108,876

3,120,000

  • Cap Rate 6.25%
  • NOI $195,000
  • R. Term/Yrs 8.1
  • Guarantor Corp Traded
  • # Units 672
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Strong demographics

  • Major MSA

  • Income tax free state

  • Favorable NN+ lease

  • Corporate Guarantee

  • Publicly traded company

  • ...
  • Tenant Sleep Number
  • Guarantor Corp Traded
  • #Units 672
  • Stock NASDAQ: SNBR
4850 Main Street, Houston, TX , 77002
  • Size SF3,100
  • Built/Renov1998/2023
  • Price/SF$405
  • Lease Start01-01-2015
  • Rent/SF$26.32
  • Lease Type NN+
  • Lot/AC0.23
  • Pop 5MI492,629

1,255,384

  • Cap Rate 6.50%
  • NOI $81,600
  • R. Term/Yrs 10.1
  • Guarantor Corporate
  • # Units 850
  • Hard corner intersection

  • In location for years

  • Strategically located

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Long 10+ yr lease

  • Favorable NN+ lease

  • Corporate Guarantee

  • ...
  • Tenant MyEyeDr.
  • Guarantor Corporate
  • #Units 850
  • Stock Private
131 East Ovilla Road, Red Oak, TX , 75154
  • Size SF1,421
  • Built/Renov2024
  • Price/SF$738
  • Lease Start08-01-2024
  • Rent/SF$38.71
  • Lease Type Abs NNN
  • Lot/AC0.86
  • Pop 5MI90,285

1,048,000

  • Cap Rate 5.25%
  • NOI $55,000
  • R. Term/Yrs 14.7
  • Guarantor Corp R + T
  • # Units 1,000
  • New construction

  • Dense retail corridor

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • ...
  • Tenant Take 5 Oil Change
  • Guarantor Corp T and Rated
  • #Units 1,000
  • Moody's/S&P B3/ B+
  • Stock NASDAQ: DRVN
2002 North Main Street, Cleburne, TX , 76033
  • Size SF2,824
  • Built/Renov2024
  • Price/SF$811
  • Lease Start09-01-2024
  • Rent/SF$41.78
  • Lease Type Abs NNN
  • Lot/AC1.08
  • Pop 5MI48,647

2,291,500

  • Cap Rate 5.15%
  • NOI $118,000
  • R. Term/Yrs 19.8
  • Guarantor Corp R + T
  • # Units 1,733
  • New construction

  • Strategically located

  • Top 100 MSA

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Murphy Express
  • Guarantor Corp T and Rated
  • #Units 1,733
  • Moody's/S&P Ba1/ BB+
  • Stock NYSE: MUSA
131 East Ovilla Road, Red Oak, TX , 75154
  • Size SF550
  • Built/Renov2024
  • Price/SF$2,797
  • Lease Start08-01-2024
  • Rent/SF$163.64
  • Lease Type Abs NNN
  • Lot/AC0.69
  • Pop 5MI90,285

1,538,500

  • Cap Rate 5.85%
  • NOI $90,000
  • R. Term/Yrs 14.7
  • Guarantor Franchisee
  • # Units 1
  • New construction

  • Signalized intersection

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 1
  • Stock Private
4422 South Collins Street, Arlington, TX , 76018
  • Size SF2,325
  • Built/Renov2024
  • Price/SF$1,511
  • Lease Start10-01-2024
  • Rent/SF$67.96
  • Lease Type Abs NNN
  • Lot/AC0.99
  • Pop 5MI343,054

3,512,000

  • Cap Rate 4.50%
  • NOI $158,000
  • R. Term/Yrs 14.9
  • Guarantor Corp Traded
  • # Units 3,437
  • New construction

  • Build to suit

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Corporate Guarantee

  • ...
  • Tenant Chipotle Mexican Grill
  • Guarantor Corp Traded
  • #Units 3,437
  • Stock NYSE: CMG
7304 Denton Highway, Watauga, TX , 76148
  • Size SF3,782
  • Built/Renov2015/2024
  • Price/SF$672
  • Lease Start05-01-2024
  • Rent/SF$33.59
  • Lease Type Abs NNN
  • Lot/AC1.23
  • Pop 5MI311,463

2,541,000

  • Cap Rate 5.00%
  • NOI $127,050
  • R. Term/Yrs 10.5
  • Guarantor Corp R + T
  • # Units 3
  • Recent renovation

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant CosMc's
  • Guarantor Corp T and Rated
  • #Units 3
  • Moody's/S&P Baa1/ BBB+
  • Stock NYSE: MCD
2201 West Texas Avenue, Midland, TX , 79701
  • Size SF510
  • Built/Renov2024
  • Price/SF$3,905
  • Lease Start02-01-2024
  • Rent/SF$234.31
  • Lease Type Abs NNN
  • Lot/AC0.48
  • Pop 5MI135,261

1,991,700

  • Cap Rate 6.00%
  • NOI $119,500
  • R. Term/Yrs 14.1
  • Guarantor Franchisee
  • # Units 6
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Long 10+ yr lease

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 6
  • Stock Private
564 Beal Parkway Northwest, Fort Walton Beach, FL , 32548
  • Size SF2,824
  • Built/Renov2023
  • Price/SF$1,163
  • Lease Start11-12-2023
  • Rent/SF$58.16
  • Lease Type Abs NNN
  • Lot/AC0.99
  • Pop 5MI75,656

3,285,000

  • Cap Rate 5.00%
  • NOI $164,250
  • R. Term/Yrs 18.11
  • Guarantor Corp R + T
  • # Units 1,733
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Affluent suburb location

  • Income tax free state

  • Long 15+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Murphy USA | Murphy Express
  • Guarantor Corp T and Rated
  • #Units 1,733
  • Moody's/S&P Ba1/ BB+
  • Stock NYSE: MUSA
2110 South Western Street, Amarillo, TX , 79109
  • Size SF510
  • Built/Renov2023
  • Price/SF$2,615
  • Lease Start12-01-2024
  • Rent/SF$156.86
  • Lease Type Abs NNN
  • Lot/AC0.44
  • Pop 5MI162,853

1,333,500

  • Cap Rate 6.00%
  • NOI $80,000
  • R. Term/Yrs 15.0
  • Guarantor Franchisee
  • # Units 6
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 6
  • Stock Private
1480 Knickerbocker Road, San Angelo, TX , 76904
  • Size SF510
  • Built/Renov2023
  • Price/SF$3,251
  • Lease Start12-01-2024
  • Rent/SF$200.00
  • Lease Type Abs NNN
  • Lot/AC0.94
  • Pop 5MI97,461

1,658,000

  • Cap Rate 6.15%
  • NOI $102,000
  • R. Term/Yrs 14.11
  • Guarantor Franchisee
  • # Units 6
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Affluent suburb location

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 6
  • Stock Private
5270 U.S. 80, Pearl, MS , 39208
  • Size SF510
  • Built/Renov2023
  • Price/SF$3,608
  • Lease Start12-01-2023
  • Rent/SF$225.49
  • Lease Type Abs NNN
  • Lot/AC0.36
  • Pop 5MI66,095

1,840,000

  • Cap Rate 6.25%
  • NOI $115,000
  • R. Term/Yrs 19.0
  • Guarantor Franchisee
  • # Units 2
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 2
  • Stock Private
137 East Pineview Drive, Flowood, MS , 39232
  • Size SF510
  • Built/Renov2023
  • Price/SF$3,771
  • Lease Start08-01-2023
  • Rent/SF$245.10
  • Lease Type Abs NNN
  • Lot/AC1.16
  • Pop 5MI55,659

1,923,000

  • Cap Rate 6.50%
  • NOI $125,000
  • R. Term/Yrs 18.7
  • Guarantor Franchisee
  • # Units 2
  • New construction

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 2
  • Stock Private
500 S Buckner Blvd, Dallas, TX , 75217
  • Size SF2,824
  • Built/Renov2023
  • Price/SF$856
  • Lease Start12-01-2023
  • Rent/SF$42.79
  • Lease Type Abs NNN
  • Lot/AC1.10
  • Pop 5MI201,509

2,417,000

  • Cap Rate 5.00%
  • NOI $120,850
  • R. Term/Yrs 18.11
  • Guarantor Corp R + T
  • # Units 1,733
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Income tax free state

  • Long 15+ yr lease

  • Accelerated depreciation

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Murphy Express
  • Guarantor Corp T and Rated
  • #Units 1,733
  • Moody's/S&P Ba1/ BB+
  • Stock NYSE: MUSA
1433 Encanto Place, Montrose, CO , 81401
  • Size SF510
  • Built/Renov2023
  • Price/SF$2,876
  • Lease Start12-01-2024
  • Rent/SF$172.55
  • Lease Type Abs NNN
  • Lot/AC0.64
  • Pop 5MI30,050

1,467,000

  • Cap Rate 6.00%
  • NOI $88,000
  • R. Term/Yrs 14.11
  • Guarantor Franchisee
  • # Units 6
  • New construction

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Affluent suburb location

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 6
  • Stock Private
107 Highway 80 West, Clinton, MS , 39056
  • Size SF510
  • Built/Renov2024
  • Price/SF$3,771
  • Lease Start02-01-2024
  • Rent/SF$245.10
  • Lease Type Abs NNN
  • Lot/AC0.52
  • Pop 5MI44,454

1,923,000

  • Cap Rate 6.50%
  • NOI $125,000
  • R. Term/Yrs 19.1
  • Guarantor Franchisee
  • # Units 2
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Affluent suburb location

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 2
  • Stock Private
3838 Andrews Highway, Odessa, TX , 79762
  • Size SF510
  • Built/Renov2023
  • Price/SF$3,431
  • Lease Start06-01-2023
  • Rent/SF$205.88
  • Lease Type Abs NNN
  • Lot/AC0.55
  • Pop 5MI115,302

1,750,000

  • Cap Rate 6.00%
  • NOI $105,000
  • R. Term/Yrs 13.6
  • Guarantor Franchisee
  • # Units 6
  • New construction

  • Signalized intersection

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 6
  • Stock Private
4001 North Grandview Avenue, Odessa, TX , 79762
  • Size SF510
  • Built/Renov2023
  • Price/SF$3,220
  • Lease Start12-01-2024
  • Rent/SF$193.14
  • Lease Type Abs NNN
  • Lot/AC0.51
  • Pop 5MI121,137

1,642,000

  • Cap Rate 6.00%
  • NOI $98,500
  • R. Term/Yrs 15.0
  • Guarantor Franchisee
  • # Units 6
  • New construction

  • Signalized intersection

  • High traffic 50M+ VPD

  • Shopping Ctr out-parcel

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 6
  • Stock Private

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