Golden Chick | 20YR NNN SLB | $50K Remodel | 1036 N Patrick St
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Golden Chick | 20YR NNN SLB | $50K Remodel 1036 N Patrick St
3,240 SF Retail Building Dublin, TX 76446 $1,580,095 CAD ($488 CAD/SF) 6% Cap Rate
Investment Highlights
- Located Along One of the 2 Main Thoroughfares in and out of the Heart of Dublin, Also Called SW US Hwy 377, With a Vehicle Count of 5,300 Per Day
- Four (4), Five (5) Year Options To Extend Bringing the Potential Term to 40 Years
- The Site Underwent a $50,000 Remodel in 2021 Showcasing The Tenant’s Commitment to the Location
- Brand New 20-Year NNN Lease To Begin at Close of Escrow | Rental Increases of 10% Every 5 Years
- Nearby Retailers Include Sonic, DG Market, First National Bank of Dublin, Dairy Queen, Central Inn, Longhorn Auto Sales, and Dollar General
Executive Summary
Brand New 20-Year NNN Lease w/ Zero Landlord Responsibilities | Attractive Rental Increases | Experienced and Growing Regional QSR Operator (13-Units)
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
3,240 SF
Building Class
B
Year Built/Renovated
2011/2021
Price
$1,580,095 CAD
Price Per SF
$488 CAD
Cap Rate
6%
NOI
$94,806 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.79 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
32 Spaces (9.87 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
PROPERTY TAXES
Parcel Number | R000065210 | Improvements Assessment | $848,173 CAD |
Land Assessment | $130,301 CAD | Total Assessment | $978,474 CAD |
PROPERTY TAXES
Parcel Number
R000065210
Land Assessment
$130,301 CAD
Improvements Assessment
$848,173 CAD
Total Assessment
$978,474 CAD
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Golden Chick | 20YR NNN SLB | $50K Remodel | 1036 N Patrick St
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