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406 Oil Well Rd
Jackson, TN 38305
Asking Price
$258K
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail <ul><li>Unit One:</li><li>406 Oil Well Rd, Jackson, TN 38305</li><li>1100/SF</li><li>Counter Pick-Up.</li><li>No Seating.</li><li>Established 12-Years.</li><li>Purchased for almost $400,000 in 2015.</li><li>Books and Records available upon request.</li><li>Fully equipped and in mint condition.</li><li>$2800 monthly rent all.</li><li>8-year lease with a 10-year option to renew.</li><li>Great Staff.</li><li>Transfer Fee $4500</li><li>Royalties are 12% of Food Cost.</li><li>Priced at
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NOI
$80,000
Cap Rate
31.01%
DSCR
5.22
Strong
Cash-on-Cash
83.57%
Monthly Payment
$1,276.443
Annual Cash Flow
$64,682.681
