Catylist ID:
#30789980
Church's Chicken | 1005 Joe Harvey Blvd
Retail-Commercial
for Sale
| Catylist Listing ID: | 30789980 |
| Property Subtypes: | Restaurant |
| Building Size (RSF): | 2,400 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $2,100,100 |
| Unit Price: | $875.04 PSF |
| Is Quick-Service Restaurant? | Yes |
| Has Drive-Thru? | Yes |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 4.76% |
| Last Updated: | 5/16/2022 |
Overview / Comments
|
INVESTMENT HIGHLIGHTS 17 years left on lease Zero landlord obligations 100% fee-simple interest Located in a major retail trade area 7.5% scheduled increases in rent every 5 years Strong operator OFFERING SPECIFICATIONS Price $2,100,100 Cap Rate 4.76% Net Operating Income $100,000 Building Size +_2400 SF Year Built 2019 |
Attachments & Media
Additional Details
| Nearest MSA: | Hobbs |
| County: | Lea |
| Tax ID/APN: | 4960829100222 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,378 | 32,195 | 38,977 |
| Median Age: | 35.77 | 32.42 | 31.83 |
| Households: | 2,933 | 11,599 | 13,776 |
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