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3810 N State Line Ave
Texarkana, AR 71854
Asking Price
$1.58M
Cap Rate
6.5%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
6.50% CAP | Absolute NNN <p><strong style="color: rgba(43, 119, 252, 1)">Property Highlights</strong></p><ul><li>Absolute Triple-Net (NNN) Lease with zero landlord responsibilities</li></ul><p></p><ul><li>18-Unit Franchisee Guarantee from Tajay Restaurants, Inc., a subsidiary of AMPEX brands ran by CEO Tabbassum Mumtaz</li></ul><p></p><ul><li>AMPEX Brands owns and operates over 300 QSR's nationwide including Taco Bell, KFC, Pizza Hut & Long John Silver's</li></ul><p></p><ul><li>High-Traffic Signalized Intersection w
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NOI
$80,000
Cap Rate
5.08%
DSCR
0.86
Underwater
Cash-on-Cash
-2.86%
Monthly Payment
$7,793.255
Annual Cash Flow
$-13,519.059
