About This Restaurant
Investment Highlights
Brand New 15-Year Ground Lease With (5) 5-Year Options to Renew and 10% Rental Increases Every 5 Years Strategically Located Across From Tascosa High School, the Largest High School in Amarillo (2,185 Students) 7 Brew Coffee Has the Highest AUV of the Major Coffee QSR with an Average Revenue of $2.4M Located Next to the Intersection of S Western Ave & W Interstate Hwy 40 (73,946+ Combined VPD) Strong Demographics ? 1, 3, & 5-Mile Average Household Income All Over $80,000 Amarillo | Regional Economic Center for the Texas Panhandle | Population: 201,291+
Executive Summary
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Storefront Fast Food
- Building Size 2,115
- Building Class C
- Year Built 2023
- Price 1,333,500
- Price Per SF 630
- Cap Rate 6
- NOI 79,983
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.11
- Land Acres 0.44 AC
Nearby Amenities & Transportation
| Retail | IHOP | ||
| Retail | Cheddar's | ||
| Retail | Olive Garden Italian Kitchen | ||
| Retail | Rudy's Country Store | ||
| Retail | McAlister's Deli | ||
| Retail | Rosa's Cafe Tortilla Factory | ||
| Retail | Waffle House | ||
| Retail | Chili's | ||
| Retail | Red Lobster | ||
| Retail | Planet Fitness |
Property Taxes
| Parcel Number | R-001-0100-0120-0 | Improvements Assessment | $191,664 |
| Land Assessment | $250,099 | Total Assessment | $441,763 |
| Date Created: | 2024-07-16 04:23:41 | Last Updated: | 2024-07-16 04:23:41 |
| Address: | 2110 S Western St , Amarillo, Texas, 79109 | ||