About This Restaurant
Investment Highlights
Great Retail Location Annual Rental Increases Corporate Guaranty - Triple Net Lease
Executive Summary
Well Located Net Leased Investment. Triple Net lease without roof and structure responsibilities for the Landlord. Wal-Mart pad site located on the busy N. Dupont Boulevard in Milford, DE. Attractive annual increases.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Restaurant
- Building Size 5,000
- Building Class C
- Year Built 2002
- Price 2,445,000
- Price Per SF 489
- Cap Rate 7.40
- NOI 180,930
- Percent Leased 100
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.07
- Land Acres 1.70 AC
Amenities
- Pylon Sign
Nearby Amenities & Transportation
| Retail | Ruby Tuesday | ||
| Retail | Food Lion | ||
| Retail | PNC Bank | ||
| Retail | Capriotti's | ||
| Retail | Planet Fitness | ||
| Retail | Aldi | ||
| Retail | Citizens Bank | ||
| Retail | Applebee's | ||
| Retail | Bonanza Steakhouse | ||
| Retail | La Tonalteca |
Property Taxes
| Parcel Number | 5-16-17400-01-0700-000 | Improvements Assessment | $44,400 |
| Land Assessment | $319,200 | Total Assessment | $363,600 |
| Date Created: | 2024-07-16 04:09:28 | Last Updated: | 2024-07-16 04:09:28 |
| Address: | 945 N Dupont Blvd , Milford, Delaware, 19963 | ||