3689 US 40 - Fast Food FOR SALE


Oakley, KS 67748
$1,480,250 USD
310-303-9870
3689 US 40, Oakley, KS for Sale
$1,480,250 USD
Fast Food - FOR SALE
1/18
null | 6% Cap Rate

3689 US 40
Oakley, KS 67748


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
  • I-70 CORRIDOR LOCATION

OVERVIEW

PRICING: $1,480,250 CAP RATE: 6.00% NOI: $88,815 LEASE TERM: 20 YEARS INCREASES: 10% EVERY 5 YEARS 6-UNIT PORTFOLIO (AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO)

FOR SALE DETAILS

PRICE

$1,480,250 USD

PRICE/SF

$536 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sonic Drive-In | Oakley, KS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

C

APN/PARCEL ID

011-12-0-00-01-001.01-0

ASK ABOUT THIS PROPERTY

310-303-9870

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310-303-9870

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