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MOD Pizza - Rockwall, TX 1901 N Goliad St 2,800 SF Retail Building Rockwall, TX 75087 $3,177,682 CAD ($1,134.89 CAD/SF) 6% Cap Rate
EXECUTIVE SUMMARY
Corporate Net Lease with 10% Rental Increases – Allows an investor the opportunity to acquire a net lease asset with limited responsibilities and 10% rental increases every 5 years and in option periods
Strategically Located Across from a 90,000 SF Kroger and Directly Adjacent to Starbucks and Chick-fil-A
Strong Corporate Guarantee – MOD Pizza is owned by Elite Restaurant Group and has over 450 locations in 28 states and more than 12,000 employees
Located in the 3rd Fastest Growing County in Texas – Rockwall County is one of the fastest growing counties in Texas and the U.S., growing over 30.4% since 2020
High Quality Construction Located Directly Off N Goliad St (16,500+ VPD) – Features excellent accessibility and ample parking with a large outdoor patio for customer seating
Eight Schools Within a 2-Mile Radius of the Property – Combined total enrollment of over 5,020 students
Strategically Located Across from a 90,000 SF Kroger and Directly Adjacent to Starbucks and Chick-fil-A
Strong Corporate Guarantee – MOD Pizza is owned by Elite Restaurant Group and has over 450 locations in 28 states and more than 12,000 employees
Located in the 3rd Fastest Growing County in Texas – Rockwall County is one of the fastest growing counties in Texas and the U.S., growing over 30.4% since 2020
High Quality Construction Located Directly Off N Goliad St (16,500+ VPD) – Features excellent accessibility and ample parking with a large outdoor patio for customer seating
Eight Schools Within a 2-Mile Radius of the Property – Combined total enrollment of over 5,020 students
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
2,800 SF
Year Built
2019
Price
$3,177,682 CAD
Price Per SF
$1,134.89 CAD
Cap Rate
6%
NOI
$190,661 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.88 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 93073 | Improvements Assessment | $1,128,286 CAD |
| Land Assessment | $487,660 CAD | Total Assessment | $1,615,946 CAD |
PROPERTY TAXES
Parcel Number
93073
Land Assessment
$487,660 CAD
Improvements Assessment
$1,128,286 CAD
Total Assessment
$1,615,946 CAD
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MOD Pizza - Rockwall, TX | 1901 N Goliad St
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