About This Restaurant
Investment Highlights
Diverse Tenant Lineup | 100% Occupied | Drive-Thru Equipped | NNN Leases | E-Commerce Resistant Tenants Strong National/Credit Tenants | Excellent Visibility & Access Located Near an Arterial Thoroughfare | Heavily Traveled Corridor |Hotel Hot Spot | Moore County Hospital (20 Beds) Strong Demographics in 5-Mile Trade Area
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, 100% occupied, two-tenant retail investment property located in Dumas, Texas. The property totals 4,200 SF with HTeaO occupying 1,800 SF and AT&T utilizing the remaining 2,400 SF. The offering consists of a diverse, ecommerce resistant tenant lineup comprised of restaurant and retail tenants creating a stabilized, income stream for a new investor. Both tenants operate under leases which are NNN in nature, limiting expense leakage for a future investor.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Restaurant General Retail Storefront Freestanding
- Building Size 4,200
- Year Built 2005
- Price 1,500,250
- Price Per SF 357
- Cap Rate 6
- NOI 90,015
- Percent Leased 100
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.19
- Land Acres 0.52 AC
Amenities
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 11514 | Improvements Assessment | $90,000 |
| Land Assessment | $310,160 | Total Assessment | $400,160 |
| Date Created: | 2024-07-16 04:23:43 | Last Updated: | 2024-07-16 04:23:43 |
| Address: | 201 S. , Dumas, Texas, 79029 | ||