Just Sold | Majestic Fine Wines & Spirits

4th Majestic Fine Wines & Spirits closing in the last 90 days



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Majestic Fine Wines and Spirits
Dalworthington Gardens, TX
Building: 8,000 sq. ft.
Lease: Single Tenant NNN
Land: .79 Acres
List Price: $1,800,000
List CAP: 9%
Lease Term: 20 Years

Description
• All-Cash 1031 Exchange Buyer
• Pre-Sale: Scheduled Store Completion in September 2010
• Buyer Procured Through EXP's Broker Database
• 20-Year Absolute NNN Lease | 10% Rental Increases Every 5-Years
• Corporate Lease: 49 TX Locations | Founded in 1942 | $148M Sales
• Majestic's 8,000 SF "Super Store" Concept
• Avg. HH Income (3-Miles): $71,601- Source: 2009 | US Census Data

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Just Sold | Applebee's & Burger King

Just Sold | IHOP | Albuquerque, NM

All-Cash Buyer Found Through EXP Database | 24 Day Escrow


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IHOP | Albuquerque, NM
Bldg Size: 4,964 sq. ft.
Lease Type: NNN
Land: 1.27 Acres
List Price: $2,974,000
List Cap: 8%
Lease Term: 20 Years


Description
• Opened December 2009
• Absolute NNN Lease | No Landlord Responsibility
• 20-Year Lease | 10% Bumps Every 5-Years
• NM's Largest Franchisee | 2006 Franchise of the Year
• Across from The Home Depot and Costco Wholesale
• Traffic Count at Intersection: 58,700 Cars Per Day
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Just Sold | Majestic Fine Wines & Spirits

Multiple Offers | Buyer Found Through EXP Broker Database



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Majestic Fine Wines and Spirits
Fort Worth, TX
Bldg Size: 10,320 sq. ft.
Lease Type: Single Tenant NNN
Land: 1.0 Acres
List Price: $2,855,000
List Cap: 9%


Description
• 20-Year Absolute NNN Lease | 10% Rent Bumps Ea. 5-Years
• Corp. Lease: 49 Locations | Founded: 1942 | $148M Sales
• Majestic's Super Store” Concept | Concrete Tilt Up Construction
• Seasoned Mgt. Team Nearly Doubled Sales: 2006-2009
• #2 Beverage Store Chain in TX | #1 Avg. Sales / Store in TX
• Adjacent to Majestic's #1 Store in Fort Worth - $8.7M in Sales
• Majestic's Corporate HQ is Located in Fort Worth
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