2225 S Loop 256 - Restaurant FOR SALE
Palestine, TX 75801 |
$2,300,000 USD
214-378-1212
2225 S Loop 256
Palestine, TX 75801
HIGHLIGHTS
- Outparcel to Walmart Supercenter, providing strong daily needs traffic and is situated at a signalized intersection with a gateway position into the
- Located within the dominant regional retail corridor for this trade area that includes Walmart Supercenter, ALDI, Brookshire’s, Ross, Academy, Ulta,
- Prominent position along TX -256 Loop which carries over 23,000 VPD
- Operated by SSCP Management a seasoned franchisee with over 500 locations across various brands
FOR SALE DETAILS
PRICE
$2,300,000 USD
PRICE/SF
$542 USD /SF
CAP RATE
8.84%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Applebee's Palestine
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
54
LAND DETAILS
LAND ACRES
1.03 AC
LAND SF
44,867 SF
ZONING
CM
APN/PARCEL ID
R835082
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-378-1212
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
214-378-1212
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
