Available For Sale - Retail

4,010 SF | Show Pricing $

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LISTED BY

Chris Maling
Avison Young, 213-618-3824
David Maling
Avison Young, 213-618-3825
Tom Jones
Colliers International, 505-880-2063

AVAILABILITY DETAILS

Size
4,010 SF
Price/SF
Show Pricing $
Listing ID
SA533465
Notes
Offering summary

NOI : $ 137,500

Cap Rate 9.0%

Lease expiration 9/30/2038

14 years Lease term remaining

Building Area 4,010 SF

Land Area 42,732 SF

Year Built 2014

Parking Spaces 66

In addition, there are two, 5 year options to renew



Highlights

• ±4,010 SF building on ±42,732 SF of fee simple land • Operated as an IHOP by a multi-unit franchisee • 14 years remaining on lease, and

two five-year options

• Outparcel to a Home Depot & Lowes

anchored power center

• Close proximity to synergistic National Retailers

such as McDonald’s Del Taco, Wendy’s, Burger

King, Jersey Mike’s, Subway, Applebee’s,

T-Mobile, Auto Zone, and Starbucks

• Situated on heavily trafficked Main

Street/Highway 6 (21,760 VPD)
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Chris Maling, Avison Young