619 S Main St - Restaurant FOR SALE


Seminole, TX 79360
$555,800 USD
929-229-2614
619 S Main St, Seminole, TX for Sale
$555,800 USD
Restaurant - FOR SALE
1/5
null | 8.49% Cap Rate

619 S Main St
Seminole, TX 79360


HIGHLIGHTS

  • New 5-Year Lease | Billboard Lease
  • NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Dense Retail Corridor | Proximity To Community Anchors
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access
  • Direct Residential Consumer Base

OVERVIEW

Number One Buffet recently executed a new 5-year lease, providing immediate income stability and demonstrating commitment to the site. The offering also includes supplemental income from a billboard lease, generating$5,160 in annual revenue and enhancing overall yield

FOR SALE DETAILS

PRICE

$555,800 USD

PRICE/SF

$299 USD /SF

CAP RATE

8.49%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Number One Buffet

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

Commercial

APN/PARCEL ID

48921

ASK ABOUT THIS PROPERTY

Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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