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

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

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

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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


Photograph of Listing Agent

Chris Anderson

NAI SunVista CARNM CIE Member
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