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28852299
28852306

1901 N Goliad St, Rockwall, TX 75087

BB
TX 645496
CBRE Dallas Park Lane
JA
TX 586069
CBRE Dallas Park Lane
MA
TX 609364
CBRE Dallas Park Lane
Listed by CBRE Dallas Park Lane
$2,310,000
176 days on market
Updated 3 days ago

MOD Pizza - Rockwall, TX

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,800
Units 1
Cap Rate 6%
NOI $138,600
Occupancy 100%
Tenancy Single
Brand/Tenant MOD Pizza
Lease Type NN
Lease Expiration 05/06/2026
Price per SqFt $825
Year Built 2019
Buildings 1
Acreage 0.880
Tenant Credit Corporate Guarantee
Lease Commencement 11/06/2025
Ground Lease No

AVAILABLE: MOD Pizza | Corporately Guaranteed Lease | Directly Across from Kroger | Rockwall, TX

Marketing description

Corporate Net Lease with 10% Rental Increases – Allows an investor the opportunity to acquire a net lease asset with limited responsibilities and 10% rental increases every 5 years and in option periods

Strategically Located Across from a 90,000 SF Kroger and Directly Adjacent to Starbucks and Chick-fil-A

Strong Corporate Guarantee – MOD Pizza is owned by Elite Restaurant Group and has over 450 locations in 28 states and more than 12,000 employees

Located in the 3rd Fastest Growing County in Texas – Rockwall County is one of the fastest growing counties in Texas and the U.S., growing over 30.4% since 2020

High Quality Construction Located Directly Off N Goliad St (16,500+ VPD) – Features excellent accessibility and ample parking with a large outdoor patio for customer seating

Eight Schools Within a 2-Mile Radius of the Property – Combined total enrollment of over 5,020 students

Listing Contacts

BB
TX 645496
CBRE Dallas Park Lane
JA
TX 586069
CBRE Dallas Park Lane
MA
TX 609364
CBRE Dallas Park Lane
Listed by CBRE Dallas Park Lane

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$138,600.00
$11,550.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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