Listed by Rise Property Group
$1,250,000
5099 Memorial Drive
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,355
Price per SqFt $373
Year Built 1987
Acreage 0.800
Zoning C-1
Parking Spaces 57 spaces
Parking Per SqFt 16.99
Ground Lease No
Freestanding Restaurant Property for Sale or Lease | 3,355 SF
Marketing description
Sale or Lease:
- Buy property for $1,250,000
OR
- Lease for $7,000/month NNN
- Master policy/building and liability coverages approx. $5500/yr
- Real estate taxes approx. $11,000/yr
Landlord open to providing tenant improvement dollars or build-to-suite dollars for a national credit tenant
Investment highlights
- Former Original Pancake House
- Ability to add drive-thru
- High visibility on busy retail corridor
- Three points of ingress/egress
- Vehicles per day: 37,900
- Population: 116,000 (3 mi)
- 20-foot hood vent system intact
- Above-ground grease interceptor
- Walk-in refrigerator
Listing Contacts
Listed by Rise Property Group
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Zoning
C-1 CommercialNeighborhood CommercialLocal Commercial
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