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Layne's Chicken Fingers 1504 State Highway 16 S 2,600 SF Retail Building Graham, TX 76450 $1,225,000 ($471.15/SF) 6% Cap Rate
Investment Highlights
- Ground Leased Investment
Executive Summary
Triumph Commercial Real Estate is pleased to present an exceptional net lease investment opportunity — a single-tenant Layne’s Chicken Fingers located at 1504 TX-16, Graham, TX.
This offering features a Ground Lease with Corporate Guaranty: 10 years with four (4) five (5) year extensions and 10% escalations every five years.
Absolutely no landlord responsibilities making it a truly passive investment.
This offering features a Ground Lease with Corporate Guaranty: 10 years with four (4) five (5) year extensions and 10% escalations every five years.
Absolutely no landlord responsibilities making it a truly passive investment.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,600 SF
Building Class
B
Year Built/Renovated
1998/2009
Price
$1,225,000
Price Per SF
$471.15
Cap Rate
6%
NOI
$73,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.62 AC
Zoning
Commercial - Commercial
Amenities
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1331 | Improvements Assessment | $302,610 |
| Land Assessment | $62,910 | Total Assessment | $365,520 |
Property Taxes
Parcel Number
1331
Land Assessment
$62,910
Improvements Assessment
$302,610
Total Assessment
$365,520
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Layne's Chicken Fingers | 1504 State Highway 16 S
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