Golden Corral Absolute NNN Leased Offering 3312 Forest Lane, Dallas, TX Cap Rate 6.25% Dallas ( Texas, US ) Built

$4,224,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 9,652 sq. ft.
  • Development Level: Built
  • Year Built: 1997

Description

Golden Corral Absolute NNN Leased Offering 3312 Forest Lane, Dallas, TX Cap Rate 6.25%

Cap Rate: 6.25%
NOI: $264,000
Building Size: 9,652 sqft
Lease Type: Absolute Net
Year Built: 1997

Price: $4,224,000

DESCRIPTION
This is a rare Golden Corral fee simple absolute NNN lease in Dallas, TX. The lease calls for zero landlord obligations. There are scheduled 10% rental increases every five years, with four 5 year options to renew. The asset is well situated at a major commercial thoroughfare with high traffic counts and high income demographics. The asset will be delivered free and clear of debt.

HIGHLIGHTS
• Long Term Absolute NNN Leased Offering
• Zero Landlord Obligations
• 100% Fee Simple Interest
• Scheduled 10% Increases In Rent
• High Income Demographics
• Trophy Location With High Traffic Counts
• Income Tax Free State

For more information
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

P2#442983577
top
Information is deemed to be correct but not guaranteed.