211 W Holme St - Fast Food FOR SALE


Norton, KS 67654
$1,415,417 USD
310-303-9870
211 W Holme St, Norton, KS for Sale
$1,415,417 USD
Fast Food - FOR SALE
1/17
null | 6% Cap Rate

211 W Holme St
Norton, KS 67654


HIGHLIGHTS

  • 6-UNIT SONIC PORTFOLIO (AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO)
  • 20-YEAR ABSOLUTE TRIPLE NET (NNN) LEASES
  • CONSERVATIVE RENT TO SALES RATIO
  • EXPERIENCED OPERATOR
  • REGIONAL TRADE CENTER
  • NEARBY SCHOOL PRESENCE

OVERVIEW

PRICING: $1,415,417 CAP RATE: 6.00% NOI: $84,925 LEASE TERM: 20 YEARS INCREASES: 10% EVERY 5 YEARS

FOR SALE DETAILS

PRICE

$1,415,417 USD

PRICE/SF

$524 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sonic Drive-In | Norton, KS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

-

APN/PARCEL ID

088-34-0-10-08-010.00-0

ASK ABOUT THIS PROPERTY

310-303-9870

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

310-303-9870

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