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Restaurant

Wienerschnitzel | 25-Year Absolute NNN

5315 W Loop 250 N, Midland, TX 79707

Listing Price: $2,400,000

Cap Rate
6.25%
Tenant Name
Wienerschnitzel
Guarantor
Franchisee Guarantee
Rentable SF
2,040
Lease Type
Absolute Net
Rent Per Square Feet
$73.53

Investment Overview

--Prime Retail Location
• Highly-Trafficked Location Located on Loop 250 with a Traffic Count Over 63,000 CPD
• Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Lowe’s, Walmart, Home Depot, Carl’s Jr, Verizon, Lucky Strike, Kohl’s, Sherwin-Williams, Cracker Barrel, and Many More
• Texas is an Income Tax-Free State

--Experienced Wienerschnitzel Franchisee
• Experienced Multi-Unit & Brand Operator with 25+ Years of Experience and More than 25 Units Across Multiple Concepts Throughout California, Texas, Utah, and New Mexico
• Franchisee Intends to Continue Growing Further Wienerschnitzel Locations. Guaranty Will Grow Over Time
• Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market
• Scheduled 10% Rental Increases Throughout the Initial Term Provide for an Excellent Hedge Against Inflation

--Pride of Ownership Midland
• Affluent Area with the Average Household Income Exceeding $125,000 within 3 Miles
• Proximity to Major Educational Hub - Located just 5 miles from Midland College, a Community College with over 5,180 students and more than 800 Faculty and Staff
• Proximity to Major Aviation & Aerospace Infrastructure - 10 Miles from Midland International Air & Space Port, the First Jointly Located Spaceport and Airport in the World that Currently Serve 43 counties in Texas and New Mexico. Also, 5 Miles from Midland Airpark, a Vital Hub for the Region’s Business and Corporate Aviation Traffic.
• Positioned in a Rapidly Growing Market - Midland is Recognized as One of the Most Economically Dynamic Cities in the United States. The Kenan Institute’s American Growth Project Recently Ranked Midland as the #1 Fastest-Growing Mid-Sized City in the Nation Based on Potential GDP Growth of 9.4%

Investment Highlights

  • Successful Store Operating with a $200,000 Profit
  • New, 25-Year Sale-Leaseback with 15-Year Personal Guaranty
  • Ranked in the Top 25% of the Entire Wienerschnitzel System

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Restaurant

Wienerschnitzel | 25-Year Absolute NNN

Listing Price: $2,400,000

Cap Rate
6.25%
Tenant Name
Wienerschnitzel
Guarantor
Franchisee Guarantee
Rentable SF
2,040
Lease Type
Absolute Net
Rent Per Square Feet
$73.53

Investment Highlights

  • Successful Store Operating with a $200,000 Profit
  • New, 25-Year Sale-Leaseback with 15-Year Personal Guaranty
  • Ranked in the Top 25% of the Entire Wienerschnitzel System

Investment Overview

--Prime Retail Location • Highly-Trafficked Location Located on Loop 250 with a Traffic Count Over 63,000 CPD • Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Lowe’s, Walmart, Home Depot, Carl’s Jr, Verizon, Lucky Strike, Kohl’s, Sherwin-Williams, Cracker Barrel, and Many More • Texas is an Income Tax-Free State --Experienced Wienerschnitzel Franchisee • Experienced Multi-Unit & Brand Operator with 25+ Years of Experience and More than 25 Units Across Multiple Concepts Throughout California, Texas, Utah, and New Mexico • Franchisee Intends to Continue Growing Further Wienerschnitzel Locations. Guaranty Will Grow Over Time • Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market • Scheduled 10% Rental Increases Throughout the Initial Term Provide for an Excellent Hedge Against Inflation --Pride of Ownership Midland • Affluent Area with the Average Household Income Exceeding $125,000 within 3 Miles • Proximity to Major Educational Hub - Located just 5 miles from Midland College, a Community College with over 5,180 students and more than 800 Faculty and Staff • Proximity to Major Aviation & Aerospace Infrastructure - 10 Miles from Midland International Air & Space Port, the First Jointly Located Spaceport and Airport in the World that Currently Serve 43 counties in Texas and New Mexico. Also, 5 Miles from Midland Airpark, a Vital Hub for the Region’s Business and Corporate Aviation Traffic. • Positioned in a Rapidly Growing Market - Midland is Recognized as One of the Most Economically Dynamic Cities in the United States. The Kenan Institute’s American Growth Project Recently Ranked Midland as the #1 Fastest-Growing Mid-Sized City in the Nation Based on Potential GDP Growth of 9.4%

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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