Single-Tenant Investment

Retail-Commercial for Sale
Catylist Listing ID: 30794422
Property Subtypes: Restaurant
Building Size (RSF): 4,107 SF
Gross Building Area: See Agent
Sale Price: $1,299,900
Unit Price: $316.51 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 5.8%
Average Occupancy Rate: 100
Last Updated: 6/24/2022

Overview / Comments

Fully leased, retail investment opportunity in a high-traffic retail area. This is a single-tenant restaurant with approximately six years remaining on the lease and annual 3% rent escalations. The lease is modified gross with the Landlord responsible for the payment of real estate taxes. The tenant is responsible for utilities, snow removal, insurance, HVAC repairs, interior maintenance, and parking lot repairs, leaving the landlord limited exposure to capital expenditures. The building is less than ten years old, constructed in 2013, on a .69 acre lot.

This is a private sale please do not go directly to the tenant.

Financial information shall be furnished upon completion of a Confidentiality Agreement.

Attachments & Media

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 1619344001000
Zoning: H-4
Tenancy: Single Tenant
Year Built: 2013
Total Parking Spaces: 44
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,686 47,027 122,997
Median Age: 32.1 36.68 37.63
Households: 3,090 18,226 49,575

Contact

Photograph of Listing Agent

Jared Froehlich

NAI FMA Realty MRCIE Member
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