Listed by Renz & Renz Investment & Commercial Brokerage
$1,075,000
Absolute NNN Fazoli's Restaurant
Details
APN 01-05-04-426-034
Property Type Retail
Sub Type Restaurant
Square Footage 3,750
Cap Rate 6.26%
NOI $67,245
Occupancy 100%
Brand/Tenant Fazoli's
Lease Type Absolute NNN
Lease Expiration 12/31/2030
Remaining Term 4.4
Rent Bumps Yes
Lease Options Two 5-year options
Price per SqFt $287
Year Built 1996
Year Renovated 2016
Acreage 1.380
Zoning J & G-2
Parking Spaces 64 spaces
Parking per 1,000 SqFt 17.07
Investment Type Net Lease
Retail | 6.26% CAP | 3,750 SqFt
Investment highlights
Property Highlights
• Absolute NET Lease (No Landlord Responsibilities)
• Same Proven longstanding operator since 2016
• Rare Drive Through
Location Highlights
• Excellent Main Street Frontage
• Adjacent to National Credit Tenants
• Huge Lot | 1.38 Acres
Listing Contacts
Listed by Renz & Renz Investment & Commercial Brokerage
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$67,245.00
$5,603.75/mo
Valuation Metrics
0
DSCR
6.26%
Cap Rate
6.26%
ROI
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