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North Huntington Street
Syracuse, IN 46567
Asking Price
$2.14M
Cap Rate
8%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Absolute NNN Beef A Roo | 20 Year ABS <p><strong><u>PROPERTY HIGHLIGHTS</u></strong></p><p>• 20 Year Absolute Net Lease </p><p>• Forward Sale / Under Construction Opportunity </p><p>• Zero Landlord Responsibilities </p><p>• Fee Simple Ownership of Both Land and Building Situated on Approximately 0.51 Acres </p><p>• Corporate-Guaranteed Lease Backed by a Well Established, Growing Restaurant Operator </p><p>• Freestanding 1,862 SF Restaurant Featuring Modern Branding, Dedicated Parking, and Strong Street Presence </p><p>• Tenant Prepa
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NOI
$80,000
Cap Rate
3.74%
DSCR
0.63
Underwater
Cash-on-Cash
-7.31%
Monthly Payment
$10,575.184
Annual Cash Flow
$-46,902.205
