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440 W 3rd St 3,077 SF Retail Building Chadron, NE 69337 $1,606,926 CAD ($522.24 CAD/SF) 6.75% Cap Rate
Investment Highlights
- Long - Term NNN Sale - Leaseback
- Strategic Real Estate Fundamentals
- Strong Franchisee Guarantee
Executive Summary
Bang Realty is pleased to present the exclusive listing for a located at 440 West 3rd Street, Chadron, NE 69337. The site consists of roughly 3,077 rentable square feet of building space on an estimated 0.5-acre parcel of land. This Arby’s will be subject to a brand new 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual will be $79,541 and will have scheduled increases of 2.00% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,077 SF
Building Class
C
Year Built
1989
Price
$1,606,926 CAD
Price Per SF
$522.24 CAD
Cap Rate
6.75%
NOI
$108,467 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.50 AC
Zoning
03
Frontage
150’ on 3Rd St
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 230004672 | Improvements Assessment | $556,384 CAD |
| Land Assessment | $71,697 CAD | Total Assessment | $628,081 CAD |
Property Taxes
Parcel Number
230004672
Land Assessment
$71,697 CAD
Improvements Assessment
$556,384 CAD
Total Assessment
$628,081 CAD
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440 W 3rd St
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