Garland, TX - Revolving Kitchen

Description:

• Corporate guaranteed lease
• The tenant, Revolving Kitchen, will sign a brand new 10-year lease at the close of escrow with 2 (5-Year) options to extend, demonstrating their commitment to the site
• The lease features 4% annual rental increases throughout the initial term, providing a hedge against inflation and steadily growing NOI
• The roof will be completely replaced at closing and will come with a brand-new 10-20 year warranty, providing long-term protection for the new owner

• The property is located in a primary retail corridor with many nearby national/credit tenants including Taco Bell, Whataburger, McDonald’s, Golden Chick, Take 5 Oil Change, Sherwin-Williams, Peet’s Coffee and many more
• The asset features an 8,000 Gallon grease trap, 100 SF Freezer, 1,200 SF of Cooler space, and 220v/2,000a + 480v/800a of power
• Strong tenant synergy promotes crossover shopping to the subject property