info
This space is no longer listed on Digsy
AVAILABILITY DETAILS
- Size
- 2,944 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA440129
- Notes
- INVESTMENT HIGHLIGHTS:
• Tenant has 16 locations in Houston, Austin, Dallas-Fort Worth, Atlanta,
Charlotte, Chicago, and are currently expanding
• No landlord responsibilities
• Dense infill site
• 89,4975 population in 3-mile radius
• High barriers of entry for restaurants and retailers
• Completely remodeled with new roof and mechanical systems in 2014
• Great access:
106’ frontage on Washington Avenue
106’ frontage on Lillian St
Ingress/egress access through front and rear of property
EXECUTIVE SUMMARY
Price $3,100,000
Annual Rent NOI $118,289
Rent Increases 2.5% annually
Absolute Net Lease 10 years with 5 years remaining
Lease Began November 1, 2014
Options Two, 5-Year
Building Size 2,944 SF, year built 1966, remodeled 2015
Lot Size .52 acres (22,821 SF
- Uses
- Retail
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Kelly Hutchinson, Colliers International