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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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