+44 20 3608 1267
Restaurant in Texas with a 4,7% yield

Photos available on request

Restaurant in Texas with a 4,7% yield

714,000 €
Submit request
Total area: 185 m² Yield: 4.7%
  • Absolute return: 32,469 €
  • Land area: 4,451 m²
  • Built in 2003
  • 1-floor building
  • Renter: 100%

It is a fast-food restaurant investment in one of the small towns in Southern Texas. Description

The total area of a single-storey building is 185 m². 

The plot of 4,451 m². 

The restaurant was constructed in 2003 and now is in good overall condition. 

The property is fully leased out to a major tenant.

Financial performance

Absolute income is 36,158 $.

The current yield of 4,7%.

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 2024.

All operating costs are borne by the tenant.

Location

The property is situated on a retail corridor in the neighborhood with a cinema and other national tenants.

There is an adjacent highway, the daily traffic through which exceeds 30,000 vehicles.

Similar listings

We are looking for similar ads

Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Texas
By clicking «Submit request», you agree with the terms of Tranio's User Agreement.
Submit request
    Send one more request
    • 0% commission to Tranio
    • Residence permit support
    • Mortgage rates from 2%