602 NAS DR

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602 NAS DR

CORPUS CHRISTI, TX 78418
Asking Price
$360K
Asset Type
Restaurant Retail
Class
Class B

What's Special

Completed Restaurant Building with Naval Air Station Proximity, Minimal Operational Investment <h1><strong style="color: rgba(0, 0, 0, 1)">Investment Highlights</strong></h1><ul><li>​<span style="color: rgba(0, 0, 0, 1)">Turnkey restaurant – fully built out and never opened</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Complete commercial kitchen with equipment included</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">New vent hood system with Ansel fire suppression</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Fire inspection completed; final city clearance to be pro

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NOI
$80,000
Cap Rate
22.22%
DSCR
3.74
Strong
Cash-on-Cash
54.28%
Monthly Payment
$1,781.084
Annual Cash Flow
$58,626.997

Location & Travel Times