About This Restaurant
Investment Highlights
Texas Location - No state Tax! Long term lease 840 +/- unit operator
Executive Summary
Prime Investment opportunity. Own a Full Triple NNN long-term lease property with an 840 +/- unit operator. One of the largest KFC franchises in the country.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Fast Food
- Building Size 2,150
- Building Class B
- Year Built 2018
- Price 2,120,000
- Price Per SF 986
- Cap Rate 5.25
- NOI 111,300
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.04
- Land Acres 1.22 AC
- 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.
Nearby Amenities & Transportation
| Retail | Frost Bank | ||
| Retail | H-E-B | ||
| Retail | Super 1 Foods | ||
| Retail | Anytime Fitness | ||
| Retail | Prosperity Bank | ||
| Retail | CrossFit | ||
| Retail | Chase Bank | ||
| Retail | La Michoacana Meat Market | ||
| Retail | Rent-A-Center | ||
| Retail | Brookshire's |
Property Taxes
| Parcel Number | 86813 | Improvements Assessment | $478,290 |
| Land Assessment | $517,120 | Total Assessment | $995,410 |
| Date Created: | 2024-07-16 04:23:44 | Last Updated: | 2024-07-16 04:23:44 |
| Address: | 700 W 7TH Ave , Corsicana, Texas, 75110 | ||