Restaurant For Sale • 5,464 SF
7+ Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities |
Annual Rent Increases Providing a Healthy Hedge Against Inflation |
Strong Guarantee From RMH Franchise Holdings - Currently Operating Over 130 Restaurants Across 14 States |
Texas is an Income Tax Free State |
Outparcel to a Kohl's Anchored Retail Strip Center That Also Includes PetSmart, Old Navy, Ulta Beauty, and OfficeMax |
0.5-Miles From Highway 40, Which Sees Over 81,000 Vehicles Per Day |
Cap Rate: | 6.50 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Applebee’s | 5,370 SF | 12/31/2032 |
Airport | Drive | Walk | Distance |
---|---|---|---|
Rick Husband Amarillo International | 22 min | - | 15.2 mi |
Parking Available: | Yes |
Reserved: | No |
Type: | Surface |
Included in Rent: | Yes |