take5

Take 5 Ground Lease

205 Liberty Bell Ln, Copperas Cove, TX 76522

bg_logo

Price: 

$1500000

Cap:

5.00%

NOI:

$$75,000

Square Footage:

1,490

Lot Size:

.50 Acres

Year Built/Remodeled:

2021


Property Description: 

Capital Commercial Partners is pleased to bring to the market this Take 5 corporately guaranteed absolute NNN Ground Lease located in Copperas Cove, TX. The investment offers no landlord responsibilities and 10% rental increases every 5 years. The site is an A+ location with excellent underlying real estate fundamentals in a high growth market. The location is on U.S. 190 with combined traffic counts of 88,482 vehicles per day and shadow anchored by Walmart Supercenter & H-E-B Plus. The tenant just added 1 year to the initial base term with 10.4 years remaining on 4-5 year options to renew. The site is within close proximity to one of the largest military installations in the world; Fort Hood with nearly 65,000 soldiers. It has an annual economic impact of $29.8 billion.

Investment Highlights:

Take 5 corporately guaranteed NNN ground lease with 10.4 years remaining providing passive ownership
Tenant just added 1 year to base lease term showing long term commitment to the site
High profile location between Walmart Supercenter & H-E-B Plus with combined 88,482 vehicles per day
High growth area in tax free state of TX
Close proximity to one of the largest military bases in the world; Fort Hood with 65,000 soldiers
A location with excellent underlying real estate fundamentals
Take 5 operates 800 locations in the US and Canada
10% rent increases every 5 years providing income growth and inflation hedge
E-commerce and recession resistant essential needs business
Low rent ground lease priced below replacement cost

Financial Summary:

All Cash

Other investment opportunities

Arby’s

Bloomsburg, Pennsylvania
$$1454545
(5.50% CAP)

Available