250 S Main St
Keller, TX 76248

Pour Shack (NNN Investment Sale) · Retail Property For Sale

Investment Highlights

  • ±8,620 SF restaurant in the heart of Old Town Keller
  • 46 Total parking spaces
  • Fully equipped
  • City shared parking spaces surrounding restaurant

Executive Summary

8% cap – $2.65M
Newly signed 10 year lease with commencement date of Feb 22’
Percentage rent in place at 6% above natural breakpoint
Type Of Building Improvement:
Bldg Sq Ft: 5,590 SF Metal/Wood
Bldg Sq Ft: 1,413 SF Brick/Block
Bldg Sq Ft: 1,842 SF Class S Metal

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,620 SF
Building Class
B
Year Built
2012
Price
$2,650,000
Price Per SF
$307
Cap Rate
7.77%
NOI
$205,872
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.01 AC
Zoning
Commercial

PROPERTY TAXES

  • Listing ID: 23740521

  • Date on Market: 7/21/2021

  • Last Updated:

  • Address: 250 S Main St, Keller, TX 76248