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1036 N Patrick St
Dublin, TX 76446
Golden Chick | 20YR NNN SLB | $50K Remodel · Retail Property For Sale
Investment Highlights
- Located Along One of the 2 Main Thoroughfares in and out of the Heart of Dublin, Also Called SW US Hwy 377, With a Vehicle Count of 5,300 Per Day
- Four (4), Five (5) Year Options To Extend Bringing the Potential Term to 40 Years
- The Site Underwent a $50,000 Remodel in 2021 Showcasing The Tenant’s Commitment to the Location
- Brand New 20-Year NNN Lease To Begin at Close of Escrow | Rental Increases of 10% Every 5 Years
- Nearby Retailers Include Sonic, DG Market, First National Bank of Dublin, Dairy Queen, Central Inn, Longhorn Auto Sales, and Dollar General
Executive Summary
Brand New 20-Year NNN Lease w/ Zero Landlord Responsibilities | Attractive Rental Increases | Experienced and Growing Regional QSR Operator (13-Units)
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
3,240 SF
Building Class
B
Year Built/Renovated
2011/2021
Price
$1,015,385
Price Per SF
$313.39
Cap Rate
7.09%
NOI
$72,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.79 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
32 Spaces (9.87 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Property Taxes
| Parcel Number | R000065210 | Improvements Assessment | $532,190 |
| Land Assessment | $91,040 | Total Assessment | $623,230 |
Property Taxes
Parcel Number
R000065210
Land Assessment
$91,040
Improvements Assessment
$532,190
Total Assessment
$623,230
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