Listed by Blvd Real Estate Investment Co
$650,000
Former Dairy Queen - Value-Add- Redvelopment - Owner/User
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,736
Net Rentable (SqFt) 2,736
Tenancy Vacant
Lease Type Absolute NNN
Broker Co-Op Yes
Year Built 1985
Buildings 1
Stories 1
Lot Size (SqFt) 20,517
Investment Type Value Add
Ground Lease No
Fast Food/QSR - Value-Add, Redevelopment, Owner/User
Marketing description
Drive-Thru/Restaurant/QSR - Value-Add Opportunity
Available "For Sale" or "For Lease"
Sale Price: $650,000
Lease Rate: $1.83 PSF/Monthly ($60,000 Annually, plus NNN’s)
Value-Add, Redevelopment, Owner/User Opportunity
Investment highlights
- Former Successful Dairy Queen Location - Historically successful fast food /QSR restaurant location.
- Value-Add / Below Market Rent - Opportunity for the Buyer to bring a new tenant and significantly increase value
- Ideal Freeway Off-Ramp Location / High Traffic Location - The property is ideally located along the off-ramp of TX-287 Loop and John Reddit Drive
- Excellent Co-Tenancy Surrounding Subject Property - Other strong national QSR tenants along this freeway off-ramp include Chic-fil-A, Whataburger, McDonald’s, and Jack in the Box, proving this is a highly desirable fast food/QSR location.
- Drive-Thru Building - Ideal drive-thru QSR building, which are highly desirable for almost all tenants these days
- Lufkin TX is situated between major cities like Dallas, Houston, San Antonio, and Waco
Listing Contacts
Listed by Blvd Real Estate Investment Co
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