1809 Antonio St, Anthony, TX 79821
2,736 SF | 100% Leased | Retail Building | Anthony, TX 79821 | $1,314,233 ($480/SF) | 6% Cap Rate
For Sale
Active
Asking Price $1,314,233
- Property Type
-
Retail
- Square Feet
- 2,736 SF
- Price / Square Foot
- $480
Listing Contacts
John Paine
Samuel Noe
Property Overview
Marcus & Millichap is thrilled to offer an exclusive listing for a KFC/Taco Bell situated at 1809 Antonio Street in Anthony, Texas. This property encompasses an estimated 1.08-acre lot with approximately 2,736 square feet of rentable building space. The lease for this KFC/Taco Bell is an absolute triple-net (NNN) lease with a 20-year term, which began on March 11, 2016. The annual rent is currently set at $78,854 and is scheduled to increase by 1.5% each year throughout the base term and during each of the 3, 10-year renewal options.
Property Details
- Class
- B
- Year Built/Renovated
- 2008/2015
- Stories
- 1
- Lot Size (sq. ft)
- 47,045 SF
Highlights
- Absolute Triple-Net (NNN) Lease with Zero Landlord Responsibilities
- Original 20-Year Lease with More Than 12 Years Remaining
- Lease Features 1.50% Annual Rental Increases
- Three (3), Ten (10)-Year Tenant Renewal Options
- Strong Real Estate Market | Texas is one of the Top 5 Most Desirable States
- Dense Retail Corridor | Walgreens, Lowe’s, McDonald’s, Burger King, Deny’s, Dollar Tree, Dollar General, Goodyear Tires, Wendy’s, Best Western and Man
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