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An NNN Capital Company

Steak 'n Shake

Price

$1,675,000

Deal In 30 Seconds

Nash Williams

STNL Property Video

Price

$1,675,000

The Deal in 30 Seconds

Nash Williams

Deal Highlights

Costco Development: The Seminole Towne Centre is soon to be redeveloped into a Costco, which will be the only of its kind within twelve miles.

Strong Operational History: Steak ‘n Shake has been operational at this site for 30 years, and with three options already exercised, they have a strong commitment to remaining.

Below Market Rent: Steak ‘n Shake has amongst the lowest rent per square foot of any of its nearby contemporaries, securing it as a desirable site for future prospective Tenants.

6.00%

Cap Rate

Absolute NNN

Lease Type

2+ Years

Term Remaining

$100,536

NOI

3,646 sqft

Bldg Size

0.96 Acres

Lot Size

1995

Year Built

$101,455

3 Mile HHI

51,715

3 Mile Pop

Landlord Responsibilities: None

Mark Thompson

Contact agent:

(689) NNN 9560

Nash Williams

Contact agent:

(689) NNN 9560

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Nash Williams

Main Agent Contact:

(689) NNN 9550

Mark Thompson

Additional Agent:

(689) NNN 9560

Steak 'n Shake

Price

$1,675,000

Deal In 30 Seconds

Nash Williams

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