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 Affluent Area | 1 and 3 Mile Radius of Average HH Income is Over $90,000 7 Brew Coffee Has the Highest AUV of the Major Coffee QSR with an Average Revenue of $2.4M Hard Corner Signalized Location: On the Major Intersection of Southwest Pkwy & Kemp Blvd (48,600+ Combined VPD) Less than 1 Mile from Sikes Senter Mall | 670,000 Sqft and is the Only Mall in a 100 Mile Radius of Wichita Falls Odessa | #12 Best Place to Retire in America | Population: 102,560+
Executive Summary
Property Details
- Sale Type Investment
- Property Type Retail Retail General Retail Fast Food General Retail Freestanding Retail
- Building Size 1,760
- Year Built 2023
- Price 1,829,500
- Price Per SF 1,039
- Cap Rate 6.15
- NOI 112,500
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.09
- Land Acres 0.47 AC
Nearby Amenities & Transportation
Retail | 7 Brew Coffee | ||
Retail | Golden Corral | ||
Retail | Taco Bueno | ||
Retail | Red Lobster | ||
Retail | United Supermarkets | ||
Retail | Rent-a-center | ||
Retail | IHOP | ||
Retail | Denny's | ||
Retail | Chase Bank | ||
Retail | Starbucks |
Property Taxes
Parcel Number | 124518 | Improvements Assessment | $367,343 |
Land Assessment | $212,039 | Total Assessment | $579,382 |
Date Created: | 2024-07-16 04:23:42 | Last Updated: | 2024-07-16 04:23:42 |
Address: | 2730 Southwest Pky , Wichita Falls, Texas, 76308 |