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2810 S Soncy Rd
Amarillo, TX 79124

$3,359,610 USD

Restaurant For Sale  •  5,464 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,370 SF
  • Lot Size 1.16 AC
  • Building Class C
  • Year Built 1995
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning PD
28 Transit Score
50 Walk Score

Highlights

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 %

Major Tenants

Tenant SF Occupied Lease End Date
Applebee’s 5,370 SF 12/31/2032

Amenities

  • Pylon Sign
  • Restaurant
  • Signage

Public Transportation

AirportDriveWalkDistance
Rick Husband Amarillo International 22 min - 15.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Jordan Mulloy 512-768-0380 Sands Investment Group Austin, LLC
Jordan Mulloy 512-768-0380 Sands Investment Group Austin, LLC