Listed by Upland Real Estate Group Inc
$3,300,000
Noodles & Company | Jersey Mikes | Five Guys
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 7,480
Cap Rate 6.00%
NOI $197,086
Occupancy 100%
Tenancy Multi
Brand/Tenant Five Guys, jersey mikes
Lease Type NN
Year Built 1996
Acreage 1.180
Investment Type Net Lease
Ground Lease No
Retail | 6.00% CAP | 7,480 SqFt
Marketing description
The property features a diverse mix of national retail tenants; Noodles and Co, Five Guys, and Jersey Mike's Subs. The property is conveniently situated a block off the Cty Hwy 14 exit on the corner of Cty Rd 22 and Adams Street. Providing excellent visibility and access to the property. Mankato is a strong retail trade area in the southern MN area with a massive regional mall. Proving
itself as a premier, out-of-metro retail hub.
These highlights prove to be indispensable for customers looking for convenient food options without sacrificing time to drive to another retailor.
Listing Contacts
Listed by Upland Real Estate Group Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$197,086.32
$16,423.86/mo
Valuation Metrics
0
DSCR
5.97%
Cap Rate
5.97%
ROI
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