About This Restaurant
Investment Highlights
10-Year Corporate Lease with No Early Termination Clause Investment Grade Credit Tenant (Rated BBB+ by S&P), Ranked #125 on Fortune 500 Minimal Landlord Responsibilities Limited to Roof, Structure, and Parking Lot Replacement 7% Increases Every 5 Years in the Base Term and Options New High-Quality Construction with a Patio and Drive-Thru, Full Concrete Parking Lot
Executive Summary
Property Details
- Sale Type Investment NNN
- Sale Condition Build to Suit
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Restaurant General Retail Storefront Fast Food
- Building Size 2,540
- Year Built 2024
- Price 2,403,000
- Price Per SF 946
- Cap Rate 6.95
- NOI 167,000
- Percent Leased 100
- Building Height 1 Story
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
| Date Created: | 2024-07-16 04:16:14 | Last Updated: | 2024-07-16 04:16:14 |
| Address: | N. Summit St. & Edgemont Dr. , Arkansas City, Kansas, 67005 | ||