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Restaurant

Bricktown Brewery - 15 Yr NNN

3585 Riverside Dr, Danville, VA 24541

Listing Price: $2,917,000

Cap Rate
6.00%
Tenant Name
Bricktown Brewery
Years Remaining On Lease
15.0
Gross SF
5,344
Guarantor
Franchisee Guarantee
Rentable SF
5,344
Price/Gross SF
$545.85
Lease Type
Absolute Net
Rent Per Square Feet
$32.75

Investment Overview

Bricktown Brewery is a traditional American brew-pub, offering award-winning local beers and a full menu of shareables, burgers, sandwiches, pizzas, and sweets all prepared to the highest standard. Danville, located in south-central Virginia along the North Carolina border, and within a day’s drive of two-thirds of the nation’s population, is among the top 25 locations in the country for business.

Investment Highlights

  • Brand New 15 Year Absolute Triple-Net (NNN) Lease – 18 Unit Chain
  • 10 Percent Rental Increases Every Five Years with Three, Five-Year Renewal Options
  • Shared Ingress/Egress with Chick-fil-A, Aldi, and the Danville Stadium Cinemas
  • Central Location Along US-58/Riverside Drive (24,000 Cars per Day) with Immediate Connections to Downtown Danville and Danville Regional Airport
  • Located in Prime Retail Corridor Surrounded by National Restaurant Chains – Chick-fil-A, Buffalo Wild Wings, Wendy's, Pizza Hut, IHOP, and Many More
  • Immediate Proximity to Danville Mall and Big Box Retailers - Aldi, Sam's Club, Lidl, Walmart Supercenter, Harbor Freight, Big Lots, Lowe's, Target, Home Depot, and More
  • Less than 1.4 Miles / Four Minutes to Site of $500 Million Dollar Future Caesars Casino and Hotel; Plans Include Casino Floor, Restaurants, Theater and 40,000 Square-Feet of Convention Space
  • Affluent Residential Area with an Average Household Income of Over $90,000 in 2021

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

Restaurant

Bricktown Brewery - 15 Yr NNN

Listing Price: $2,917,000

Cap Rate
6.00%
Tenant Name
Bricktown Brewery
Years Remaining On Lease
15.0
Gross SF
5,344
Guarantor
Franchisee Guarantee
Rentable SF
5,344
Price/Gross SF
$545.85
Lease Type
Absolute Net
Rent Per Square Feet
$32.75

Investment Highlights

  • Brand New 15 Year Absolute Triple-Net (NNN) Lease – 18 Unit Chain
  • 10 Percent Rental Increases Every Five Years with Three, Five-Year Renewal Options
  • Shared Ingress/Egress with Chick-fil-A, Aldi, and the Danville Stadium Cinemas
  • Central Location Along US-58/Riverside Drive (24,000 Cars per Day) with Immediate Connections to Downtown Danville and Danville Regional Airport
  • Located in Prime Retail Corridor Surrounded by National Restaurant Chains – Chick-fil-A, Buffalo Wild Wings, Wendy's, Pizza Hut, IHOP, and Many More
  • Immediate Proximity to Danville Mall and Big Box Retailers - Aldi, Sam's Club, Lidl, Walmart Supercenter, Harbor Freight, Big Lots, Lowe's, Target, Home Depot, and More
  • Less than 1.4 Miles / Four Minutes to Site of $500 Million Dollar Future Caesars Casino and Hotel; Plans Include Casino Floor, Restaurants, Theater and 40,000 Square-Feet of Convention Space
  • Affluent Residential Area with an Average Household Income of Over $90,000 in 2021

Investment Overview

Bricktown Brewery is a traditional American brew-pub, offering award-winning local beers and a full menu of shareables, burgers, sandwiches, pizzas, and sweets all prepared to the highest standard. Danville, located in south-central Virginia along the North Carolina border, and within a day’s drive of two-thirds of the nation’s population, is among the top 25 locations in the country for business.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

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