Long John Silver's NNN Property For Sale — Amarillo, TX
4406 Bell St, Amarillo, TX 79109
This offering presents an exceptional opportunity to acquire a top-performing Long John Silver's restaurant located in Amarillo, Texas. The sale is structured as a sale-leaseback, with the tenant committing to a brand new, 15-year Absolute NNN Lease. This property benefits from its advantageous location, situated just one block south of Amarillo High School, a significant local institution with approximately 2,170 students, ensuring consistent customer traffic. The lease is backed by an experienced, multi-unit franchisee, providing a secure and stable investment for a discerning buyer. The Absolute NNN lease structure means minimal landlord responsibilities, making this an ideal passive investment.
- Address: 4406 Bell St, Amarillo, TX 79109
- Asking price $1.85M
- 6.40% cap rate
- NOI $118,400
- 15 years remaining
- NNN lease
- Building size: 2,500 SF
- Guarantor: Corporate
Location
This Long John Silver's property is at 4406 Bell St in Amarillo, Texas.
Asset type: Restaurant