1420 Precinct Line Rd - Fast Food FOR SALE


Hurst, TX 76053
$3,484,000 USD
480-221-4221
1420 Precinct Line Rd, Hurst, TX for Sale
$3,484,000 USD
Fast Food - FOR SALE
1/7
null | 6% Cap Rate

1420 Precinct Line Rd
Hurst, TX 76053


HIGHLIGHTS

  • Franchisee Guaranteed Lease | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Outparcel to Target Anchored Center | Shops at North East Mall | State Highway 121 & 183 (207,700 VPD)
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• Slim Chickens franchisee guaranteed lease • Over 8 years remaining with 5 (5-year) option periods to extend • The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period

FOR SALE DETAILS

PRICE

$3,484,000 USD

PRICE/SF

$1,080 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Slim Chickens | 8+yrs Remain Abs NNN w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

GB

APN/PARCEL ID

42181419

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.