Restaurant For Sale • 8,400 SF
Long-term lease | 12+ years remaining on the absolute NNN lease with one of the fastest growing restaurant concepts in the country |
Rare, 2% annual increases throughout the initial term and options | 7.54% Avg CAP at List Price |
Full-term, personal guarantee from the principal operator who currently has 10 units open and operating | See broker for details on net worth |
Excellent access and visibility from Dave Ward Dr which sees ±37,200 VPD |
One block from the $130MM, 52-acre Maly District development | Includes a 57k SF entertainment center, 108-room Marriott, and Sherwin-Williams |
Industry-leading average unit volume of nearly $5MM across 80+ restaurants | 75+ locations in some phase of planning or development |
Airport | Drive | Walk | Distance |
---|---|---|---|
Bill and Hillary Clinton Ntl/Adams Field | 38 min | - | 32.2 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 105 |
Type: | Surface |
Included in Rent: | Yes |