Description
Freestanding restaurant property with 7 years remaining on an absolute net lease, featuring a 10% rent increase scheduled for 2026. The site benefits from strong store sales and a favorable rent-to-sales ratio. Surrounding anchor tenants include Walmart (2.9M annual visits), Home Depot (810K annual visits), Hobby Lobby (332K annual visits), Best Buy, and others.
Listing Details
- Cap Rate
6.5%
- Tenancy
Single
- Space Type
retail
- Sub Category
restaurant
- Date Listed
9/19/2025
- Net Operating Income
$195,000
Property Specifics
- Property Name
Hook & Reel Absolute Net Lease Restaurant
- No of Stories
1
- Year Built
2017
- Building Size
9,740 SF
- Zoning
F1 - Commercial
Property Amenities
Location Amenities
Airport
Commuter Rail
Metro/Subway