311 W Camp Wisdom Rd - Fast Food FOR SALE


Duncanville, TX 75116
$3,795,000 USD
480-221-4221
311 W Camp Wisdom Rd, Duncanville, TX for Sale
$3,795,000 USD
Fast Food - FOR SALE
1/4
null | 5.51% Cap Rate

311 W Camp Wisdom Rd
Duncanville, TX 75116


HIGHLIGHTS

  • 8+ Years Remaining | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership
  • Along W Camp Wisdom Rd | Interstate 20 | Dense Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Direct Consumer Base

OVERVIEW

• Corporate signed lease by Whataburger Restaurants, LLC • The tenant has over 8 years remaining on its lease with 3 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rental increases every 5 years throughout the initial lease term and at the beginning of each option period, growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$3,795,000 USD

PRICE/SF

$1,406 USD /SF

CAP RATE

5.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger | 8+yrs Remain Corp Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,841 SF

ZONING

LR-2

APN/PARCEL ID

60099500000100000

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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