Listed by Base 5 Retail Partners
$499,000
5901 Gibson Blvd SE
Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,760
Cap Rate 9.6%
NOI $47,886
Lease Type NNN
Price per SqFt $181
Broker Co-Op Yes
Zoning MX-L
Retail |Restaurant| 2,760 SqFt
Marketing description
This property was originally constructed in the 1980s for Nunzio’s Pizza and features a distinctive exterior design incorporating tile façade elements. The building is currently occupied by Fusion Tacos, whose lease expires at the end of May 2026 with no renewal options. This offering presents a compelling opportunity for an investor to negotiate a long-term lease with the existing tenant, or alternatively for an owner-user to occupy the space upon lease expiration. The current tenant is paying $17.35 per square foot on a NNN basis.
Listing Contacts
Listed by Base 5 Retail Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$47,886.00
$3,990.50/mo
Valuation Metrics
0
DSCR
9.6%
Cap Rate
9.6%
ROI
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