Graves Commercial Realty, L.L.C.

Price:                                                        $2,448,000

• Building Size:                                              7,479 SF
• Price/SF:                                                        $327.32
• Property Type:                                                  Retail
• Property Sub-type:                                 Restaurant
• Property Use Type:      Net Lease Investment with 10+ years left on lease
• Cap Rate:                                                             11%
• Tenancy:                                                            Single
• Lot Size:                                                          1.59 AC
• Net Operating Income                               $269,280

Description

For sale is a freestanding, Texas Land & Cattle Steakhouse located in Plano, Texas. This offering presents an investor with an opportunity to acquire a Texas Land & Cattle Steakhouse in an excellent suburban market with a corporate 15-year, NNN lease. Some additional highlights include:

Lease:
-15-year primary term with two (2), five (5) year options
-Rent Commencement date is 12/28/2007
-2% annual rental escalations during the primary term and option periods

Investment:
- Texas Land & Cattle Steakhouse is surrounded by several national retailers,
including Lowe' s, Wal-Mart, Sam' s Club, Costco, Whataburger, Pizza Hut,
Chili' s, Krispy Creme, and Red Lobster
- Surrounded by dense residential development
- Approximately 295,635 people with average household incomes of
$127,125 within five miles.
- Excellent visibility and ingress/egress and ample parking.

• Total Space Available:     317,039 SF
• Rental Rate:                      Negotiable
• Min. Divisible:                          900 SF
• Max. Contiguous:            271,285 SF
• Property Type:                           Retail
• Property Sub-type:        Retail (Other)
• Building Size:                   271,285 SF

Description

Situated in one of Plano' s most affluent areas, the center includes national tenants such as EyeMasters, REI, TGI Friday' s, Chair King, Gold' s Gym and Chipotle.

Preston Towne Crossing is 271,285 SF retail center located at the NE corner of Preston Road and West Park Boulevard in Plano, TX.
 

Total Space Available:                140,799 SF

• Rental Rate:                                 $5.50 /SF/Year
• Property Type:                               Industrial
• Property Sub-type:                       Flex Space
• Building Size:                                210,560 SF
• Year Built:                                      1998

Description

Building Offers 140' Truck Court
Automated HVAC System
Emergency Gas Generator 120 Amps/480 Volts

Excellent access to Central Expressway and George Bush Turnpike

• Total Space Available:                                 9,235 SF
• Rental Rate:                                          $24 /SF/Year
• Min. Divisible:                                               1,072 SF
• Max. Contiguous:                                         2,000 SF
• Property Type:                                                    Retail
• Property Sub-type:                                 Street Retail
• Gross Leasable Area:                           257,736 SF
• Year Built:                                                             2000
• Anchor Tenant 1:                                   Super Target
• Cross Streets:                            Park Boulevard and Tollway