700 W 7TH Ave
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700 W 7TH Ave
2,150 SF Retail Building Corsicana, TX 75110 $2,981,568 CAD ($1,387 CAD/SF) 5.25% Cap Rate
Investment Highlights
- Texas Location - No state Tax!
- Long term lease
- 840 +/- unit operator
Executive Summary
Prime Investment opportunity. Own a Full Triple NNN long-term lease property with an 840 +/- unit operator. One of the largest KFC franchises in the country.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,150 SF
Building Class
B
Year Built
2018
Price
$2,981,568 CAD
Price Per SF
$1,387 CAD
Cap Rate
5.25%
NOI
$156,532 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Land Acres
1.22 AC
Opportunity Zone
Yes
Zoning
F1
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
137 ft on West 7th Avenue
Walk Score ®
Very Walkable (81)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 86813 | Improvements Assessment | $724,366 CAD |
Land Assessment | $669,974 CAD | Total Assessment | $1,394,340 CAD |
PROPERTY TAXES
Parcel Number
86813
Land Assessment
$669,974 CAD
Improvements Assessment
$724,366 CAD
Total Assessment
$1,394,340 CAD
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700 W 7TH Ave
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