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Ruby Tuesday 945 N Dupont Blvd 5,000 SF 100% Leased Retail Building Milford, DE 19963 $2,445,000 ($489/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Great Retail Location
- Annual Rental Increases
- Corporate Guaranty - Triple Net Lease
EXECUTIVE SUMMARY
Well Located Net Leased Investment. Triple Net lease without roof and structure responsibilities for the Landlord. Wal-Mart pad site located on the busy N. Dupont Boulevard in Milford, DE. Attractive annual increases.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
C
Year Built
2002
Price
$2,445,000
Price Per SF
$489
Cap Rate
7.75%
NOI
$189,488
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
1.70 AC
Zoning
C3
Parking
25 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
285’ on Dupont Blvd
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5-16-17400-01-0700-000 | Improvements Assessment | $1,574,700 |
| Land Assessment | $605,000 | Total Assessment | $2,179,700 |
PROPERTY TAXES
Parcel Number
5-16-17400-01-0700-000
Land Assessment
$605,000
Improvements Assessment
$1,574,700
Total Assessment
$2,179,700
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Ruby Tuesday | 945 N Dupont Blvd
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