4518 Maplewood Ave, Wichita Falls, TX 76308
2 Retail Properties Offered at $1,263,768 in Multiple Locations
Asking Price $1,263,768
- Property Type
-
Retail
- Square Feet
- 3,974 SF
Listing Contacts
Ethan Huynh
Andrew Ivankovich
- Property Info
Property Overview
Matthews Real Estate Investment Services is pleased to exclusively offer the opportunity to acquire the fee simple interest in two single-tenant net-leased Domino’s located at 4518 Maplewood Ave, Wichita Falls, TX 76308 & 300 S Avenue D, Burkburnett, TX 76354 (the “Properties”). Upon the close of escrow, the tenant will sign a 10-year Absolute NNN lease with an additional 10 years of options to extend, allowing an investor to enjoy several years of hands-off income. The tenant, Mavrc Pizza LLC, is a long-standing franchisee with over three decades of experience in Domino’s franchise system. To date, the operator has 20 locations across Northern Texas and Southern Oklahoma.
Highlights
- Absolute NNN Lease – No landlord responsibilities, providing a great investment for passive investors.
- Franchisee Guarantee – Mavrc Pizza, LLC operates 20 Domino’s locations throughout North Texas and Oklahoma.
- Long-Standing Operator – With nearly 30 years of experience, Mavrc Pizza, LLC is one of the longest-tenured Domino’s franchisees in the system.
- Brand New 10-Year Leases – The tenant will sign a 10-year lease commencing at the close of escrow with (2) 5-year option periods to extend. The lease
- Low Rent-to-Sales Ratio – At 2.3% and 2.8% respectively, the location’s performance provides peace of mind to an investor in knowing their tenant is o
- Recession Resistant Tenant – Domino’s menu and affordability align with budget-conscious consumers allowing steady performance through economic downtu
All available spaces
- Space
- Size
- 1,719 SF
- Space Subtype
- Retail
- Space
- Domino's Pizza
- Size
- 2,255 SF
- Space Subtype
- Retail
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].