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Pour Shack (NNN Investment Sale) 250 S Main St 8,620 SF Retail Building Keller, TX 76248 $3,699,188 CAD ($429.14 CAD/SF) 7.77% Cap Rate
INVESTMENT HIGHLIGHTS
- ±8,620 SF restaurant in the heart of Old Town Keller
- 46 Total parking spaces
- Fully equipped
- City shared parking spaces surrounding restaurant
EXECUTIVE SUMMARY
8% cap – $2.65M
Newly signed 10 year lease with commencement date of Feb 22’
Percentage rent in place at 6% above natural breakpoint
Type Of Building Improvement:
Bldg Sq Ft: 5,590 SF Metal/Wood
Bldg Sq Ft: 1,413 SF Brick/Block
Bldg Sq Ft: 1,842 SF Class S Metal
Newly signed 10 year lease with commencement date of Feb 22’
Percentage rent in place at 6% above natural breakpoint
Type Of Building Improvement:
Bldg Sq Ft: 5,590 SF Metal/Wood
Bldg Sq Ft: 1,413 SF Brick/Block
Bldg Sq Ft: 1,842 SF Class S Metal
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,620 SF
Building Class
B
Year Built
2012
Price
$3,699,188 CAD
Price Per SF
$429.14 CAD
Cap Rate
7.77%
NOI
$287,381 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.01 AC
Zoning
Commercial
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- The Pour Shack
- Accommodation and Food Services
- 8,620 SF
- -
- Sep 2032
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| The Pour Shack | Accommodation and Food Services | 8,620 SF | - | Sep 2032 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 41596471 | Improvements Assessment | $1,440,874 CAD |
| Land Assessment | $370,698 CAD | Total Assessment | $1,811,573 CAD |
PROPERTY TAXES
Parcel Number
41596471
Land Assessment
$370,698 CAD
Improvements Assessment
$1,440,874 CAD
Total Assessment
$1,811,573 CAD
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Pour Shack (NNN Investment Sale) | 250 S Main St
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