Wednesday, March 17, 2010

Just Sold | Majestic Fine Wines & Spirits

Multiple Offers | Buyer Found Through EXP Broker Database



________________________________________
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
________________________________________