550 Northstar Ct - Fast Food FOR SALE


Tonganoxie, KS 66086
$2,400,000 USD
310-303-9870
550 Northstar Ct, Tonganoxie, KS for Sale
$2,400,000 USD
Fast Food - FOR SALE
1/17
null | 6% Cap Rate

550 Northstar Ct
Tonganoxie, KS 66086


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
  • TONGANOXIE HIGH SCHOOL

OVERVIEW

PRICING: $2,400,000 CAP RATE: 6.00% NOI: $144,000 LEASE TERM: 20 YEARS INCREASES: 10% EVERY 5 YEARS 6-UNIT PORTFOLIO (AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO)

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$1,606 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sonic Drive-In | Tonganoxie, KS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

CP-2

APN/PARCEL ID

1920403003004000

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.