Listed by Marcus & Millichap - Denver
$1,334,000
Tropical Smoothie Cafe
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 1,825
Cap Rate 6.5%
NOI $86,688
Tenancy Single
Brand/Tenant Tropical Smoothie Cafe
Lease Type Absolute NNN
Rent Bumps Yes
Lease Options 2 x 5-Year
Price per SqFt $731
Broker Co-Op Yes
Year Built 2023
Buildings 1
Acreage 0.710
Zoning B-5
Parking Spaces 50 spaces
Parking per 1,000 SqFt 27.40
Investment Type Net Lease
Woodstock, IL (Chicago MSA) | QSR With Drive-Thru | Net Lease Investment
Investment highlights
Low Price Point NNN Sale Leaseback with 10+ Years Remaining
Outparcel to Jewel-Osco - Grocery Anchored Shopping Center
Profitable Location with Strong Store Level Financials (2.06x EBITDAR Coverage)
Sale Leaseback Guaranteed by a 21-Unit Entity Operated by an Established 34-Location Franchisee
QSR Drive-Thru Building
Listing Contacts
Listed by Marcus & Millichap - Denver
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$86,688.00
$7,224.00/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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