$650,000
Simple Simon's Pizza
Details
Property Type Retail
Sub Type Restaurant
Square Footage 1,200
Net Rentable (SqFt) 1,200
Units 1
Cap Rate 8.31%
NOI $54,000
Occupancy 100%
Tenancy Single
Brand/Tenant Simple Simon's Pizza
Lease Type NN
Lease Term 10.1
Lease Expiration 07/31/2034
Remaining Term 8.2
Rent Bumps Yes
Lease Options yes - 2 - 5 yr
Pro-Forma Cap Rate 8.31%
Pro-Forma NOI $54,000
Price per SqFt $542
Broker Co-Op Yes
Year Built 2022
Buildings 1
Stories 1
Parking Spaces spaces
Investment Type Net Lease
Lease Commencement 07/08/2024
Occupancy Date 04/01/2022
Ground Lease No
Ownership 100%
Sale Condition For sale by owner
Single Tenant Retail | 8.00% CAP | 1,200 Sq Ft
Marketing description
Perfect Investment - single tenant pizza shop
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,000.00
$4,500.00/mo
Valuation Metrics
0
DSCR
8.31%
Cap Rate
8.31%
ROI
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