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Restaurant

Long John Silver's

5540 Rufe Snow Dr, North Richland Hills, TX 76180

Listing Price: $1,186,800

Cap Rate
6.00%
Tenant Name
Long John Silver's
Years Remaining On Lease
5.7
Gross SF
23,100
Guarantor
Corporate Guarantee
Rentable SF
2,344
Price/Gross SF
$51.38
Lease Type
Absolute Net
Rent Per Square Feet
$30.38

Investment Overview

Marcus & Millichap is pleased to exclusively offer this freestanding 2,344± SF Long John Silver’s sitting on approximately 0.53 AC of land positioned on a heavily trafficked retail corridor. This site is guaranteed by Long John Silver’s Corporate and is subject to a 15-year NNN lease with over 5 years remaining and 10% rental increases every five (5) years making for a stable and hands-off investment.

Investment Highlights

  • -Excellent Guaranty | Site is Corporately Guaranteed by Long John Silver's
  • -Fort Worth, Texas is One of the Fastest Growing Areas in the Entire Country
  • -Ideal Quick Service Model with Drive Thru

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Listing Price: $1,186,800

Cap Rate
6.00%
Tenant Name
Long John Silver's
Years Remaining On Lease
5.7
Gross SF
23,100
Guarantor
Corporate Guarantee
Rentable SF
2,344
Price/Gross SF
$51.38
Lease Type
Absolute Net
Rent Per Square Feet
$30.38

Investment Highlights

  • -Excellent Guaranty | Site is Corporately Guaranteed by Long John Silver's
  • -Fort Worth, Texas is One of the Fastest Growing Areas in the Entire Country
  • -Ideal Quick Service Model with Drive Thru

Investment Overview

Marcus & Millichap is pleased to exclusively offer this freestanding 2,344± SF Long John Silver’s sitting on approximately 0.53 AC of land positioned on a heavily trafficked retail corridor. This site is guaranteed by Long John Silver’s Corporate and is subject to a 15-year NNN lease with over 5 years remaining and 10% rental increases every five (5) years making for a stable and hands-off investment.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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