Listed by Red Rock Realty Group
$199,000
Restaurant - Rainbow City, AL
Details
Property Type Business for Sale
Sub Type Business Only
Square Footage 3,400
Units 1
Cap Rate 16.11%
NOI $56,390
Tenancy Multi
Lease Type NNN
Lease Expiration 03/31/2027
Remaining Term 0.8
Price per SqFt $59
Broker Co-Op Yes
Class B
Investment Type Owner/User
Tenant Credit No Credit Rating
Established Mexican Restaurant For Sale
Marketing description
Established Restaurant For Sale in Rainbow City, AL. Operating in this location since 2016 with a 4.4 star Google Rating.
Turn Key business with all FFE included in sale.
NDA and Proof of funds required before disclosure of terms.
Investment highlights
Established Restaurant
Turn Key Sale
All FFE included
Priced below market
Listing Contacts
Listed by Red Rock Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$56,390.00
$4,699.17/mo
Valuation Metrics
0
DSCR
28.34%
Cap Rate
28.34%
ROI
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