Restaurant

Texas Harley-Davidson

1 Texas Harley Way, Bedford, TX 76021

Listing Price: $13,333,333

Cap Rate
6.75%
Tenant Name
Harley Davidson
Years Remaining On Lease
11.2
Gross SF
70,960
Guarantor
Personal Guarantee
Rentable SF
70,960
Price/Gross SF
$187.90
Lease Type
Absolute Net
Rent Per Square Feet
$12.68

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Harley Davidson located at 1 Texas Harley Way in Bedford, TX. The site consists of roughly 70,960 rentable square feet of building space on estimated 5.94-acre parcel of land. This Harley Davidson is subject to a 15-year lease that commenced on April 13, 2017. The current annual rent is $900,000 and is scheduled to increase by ten percent (10%) every five (5) years throughout the base term and in each of the two (2), five (5)-year renewal options.

Investment Highlights

  • Original 15-Year Lease with 11.7 Years Remaining
  • Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
  • Two (2), Five (5)-Year Tenant Renewal Options

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    License(s): TX: 9002994

    Texas

Listing Price: $13,333,333

Cap Rate
6.75%
Tenant Name
Harley Davidson
Years Remaining On Lease
11.2
Gross SF
70,960
Guarantor
Personal Guarantee
Rentable SF
70,960
Price/Gross SF
$187.90
Lease Type
Absolute Net
Rent Per Square Feet
$12.68

Investment Highlights

  • Original 15-Year Lease with 11.7 Years Remaining
  • Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
  • Two (2), Five (5)-Year Tenant Renewal Options

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Harley Davidson located at 1 Texas Harley Way in Bedford, TX. The site consists of roughly 70,960 rentable square feet of building space on estimated 5.94-acre parcel of land. This Harley Davidson is subject to a 15-year lease that commenced on April 13, 2017. The current annual rent is $900,000 and is scheduled to increase by ten percent (10%) every five (5) years throughout the base term and in each of the two (2), five (5)-year renewal options.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    License(s): TX: 9002994

    Texas

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