Huggins Realty Group
Listed by Huggins Realty Group
$3,400,000
Columbia Flaming Grill
Details
Property Type Retail
Sub Type Restaurant
Square Footage 10,000
Net Rentable (SqFt) 10,000
Cap Rate 8.24%
NOI $280,077
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 15.1
Lease Expiration 05/31/2038
Remaining Term 12
Rent Bumps Yes
Lease Options 2
Price per SqFt $340
Price Per Acre $1,642,512
Acreage 2.000
Parking Spaces spaces
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 05/08/2023
Occupancy Date 05/08/2023
Sale Condition For sale by owner
Retail | 8.24% CAP | 10,000 SqFt
Marketing description
Investment, Restaurant Property, Lease is in place. Fully Occupied, lease includes personal guarantee, established business on 2.07 acres
Investment highlights
Great Location
Listing Contacts
Huggins Realty Group
Listed by Huggins Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$280,077.00
$23,339.75/mo
Valuation Metrics
0
DSCR
8.24%
Cap Rate
8.24%
ROI
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