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Golden Chick | 20YR NNN SLB | $50K Remodel 1036 N Patrick St

3,240 SF Retail Building Dublin, TX 76446 £881,650 (£272/SF) 6% Net Initial Yield

Investment Highlights

  • Located Along One of the 2 Main Thoroughfares in and out of the Heart of Dublin, Also Called SW US Hwy 377, With a Vehicle Count of 5,300 Per Day
  • Four (4), Five (5) Year Options To Extend Bringing the Potential Term to 40 Years
  • The Site Underwent a $50,000 Remodel in 2021 Showcasing The Tenant’s Commitment to the Location
  • Brand New 20-Year NNN Lease To Begin at Close of Escrow | Rental Increases of 10% Every 5 Years
  • Nearby Retailers Include Sonic, DG Market, First National Bank of Dublin, Dairy Queen, Central Inn, Longhorn Auto Sales, and Dollar General

Executive Summary

Brand New 20-Year NNN Lease w/ Zero Landlord Responsibilities | Attractive Rental Increases | Experienced and Growing Regional QSR Operator (13-Units)

Attachments

OM - Golden Chick - 1036 N Patrick St, Dublin, TX 76446

Property Facts

Sale Type
Investment NNN
Sale Condition
Sale & Leaseback
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,240 SF
Building Class
B
Year Built/Renovated
2011/2021
Price
£881,650
Price Per SF
£272
Net Initial Yield
6%
NOI
£52,899
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
0.79 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial - Commercial
Parking
32 Spaces (9.87 Spaces per 1,000 SF Leased)

Amenities

  • Drive Thru
1 of 1

PROPERTY TAXES

Parcel Number R000065210 Improvements Assessment £474,977
Land Assessment £72,969 Total Assessment £547,945

PROPERTY TAXES

Parcel Number
R000065210
Land Assessment
£72,969
Improvements Assessment
£474,977
Total Assessment
£547,945
(408) 510-9057

Contacts

  • Listing ID: 34234025

  • Date on Market: 18/12/2024

  • Last Updated:

  • Address: 1036 N Patrick St, Dublin, TX 76446

The Retail Property at 1036 N Patrick St, Dublin, TX 76446 is currently available for sale. Contact Marcus & Millichap for more information.

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Golden Chick | 20YR NNN SLB | $50K Remodel | 1036 N Patrick St
(408) 510-9057 x

Golden Chick | 20YR NNN SLB | $50K Remodel | 1036 N Patrick St

1/4

Tyler Bindi

(408) 510-9057

(408) 510-9057

Jason Fefer

(310) 909-2394

(310) 909-2394

Robert Narchi

(310) 486-9900

(310) 486-9900

Erica Binns

(310) 909-5500

(310) 909-5500

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