Restaurant in Texas

Additional information is provided after the signing of an NDA

Restaurant in Texas

$2,286,000
$15,445 /m²
Learn the property location
Send the listing to yourself
  • Total area
    148 m²
  • Yield
    5.5%
  • Built in 
    1998
Details
Property parameters
  • Land area: 2,925 m²
  • 1-floor building
Financial performance
  • Annual income: $122,290
Tenants
  • Fully let

It is a fast-food restaurant investment in one of the small towns east from Dallas, Texas.

Description

The total area of a single-storey building is 148 m².

The plot of 2,925 m².

The restaurant was constructed in 1998 and now is in good overall condition.

The property is fully leased out to a major tenant.

Financial performance

Absolute income is 125,779 $.

The current yield of 5,5%.

Tenants

The tenant is Jack in the Box.

Jack in the Box was founded in 1951 and now has more than 2,000 branches in 21 states. The annual revenue exceeds $ 2 billion.

The NNN lease agreement is signed until 2021.

All operating costs are borne by the tenant.

Location and nearby infrastructure

The property is situated on the retail corridor near the other national retailers.

There is a federal highway along, the daily traffic through which exceeds 65,000 vehicles.

More properties

If this ad doesn't suit you, have a look at the other restaurants for sale in Texas.

All ads in the country: restaurants for sale in the USA.

Similar listings

We select ads that may interest you.

Not sure what to start with? Send an advice request
Our expert will contact you to help with selecting real estate.
Ask a question
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina,
    Head of Sales
    flag icon
    Dubai, UAE
    Tranio Global Real Estate, Al Ameri Tower - 19th floor - Barsha Heights - Dubai - UAE
    flag icon
    Torrevieja, Spain
    Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
    flag icon
    Athens, Greece
    Tranio LLC, Vissarionos, 4, 10672 Athens
    flag icon
    Berlin, Germany
    Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
    Send a request