Restaurant For Sale • 6,321 SF
LONG-TERM INVESTMENT OPPORTUNITY |
BRAND NEW 15-YEAR LEASE TO BE SIGNED AT CLOSE OF ESCROW |
ABSOLUTE NNN INVESTMENT – ZERO landlord responsibilities |
ATTRACTIVE 5% RENT INCREASES EVERY 5 YEARS |
total of $740,000 has been invested in enhancements, including a new indoor/outdoor patio, an updated exterior building finish, new flooring,etc |
2023 STORE SALES – $3,019,132 – 7.63% rent to sales ratio |
Cap Rate: | 7.00 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Ruby Tuesday |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 70 |
Type: | Surface |
Included in Rent: | Yes |