This property offers outstanding street exposure and I-40/Highway convenience. It is immediately adjacent to a new Holiday Inn-Express (Egress immediately adjacent) and the neighboring strip of strong regional/national tenants, including Comfort Inn, Quality Inn, Roadway Inn, Cracker Barrel, Sunoco, Shell and Krystal's.

This level parcel with 270 ft +/- of highway exposure includes a 6000 sq ft restaurant with Tenants in place, with lease terms amicable to keeping the tenant and gaining revenue for future development, or vacating and redeveloping to suite a buyers/investors needs.

Location Description:

Located just 1/2 mile from exit 347 on Interstate 40 and on State Highway 27 offering outstanding traffic counts and exposure. This 1.4-1.5 acre level parcel with all utilities in place offers outstanding location and traffic generating neighboring businesses.

This is a former restaurant, housing the Cancun Mexican Grill for years. Much of the FF&E is in place.

Highlights:

>> 1.5 acres of level street frontage with multiple investment and development upside

>> All utilities in place

>> Outstanding hospitality and retail neighbors

>> Ideal for Interstate quick/full service restaurant, gas and convenience store, medical clinic +++

>> Lease terms open for continued tenancy or future redevelopment

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** This property also has spaces available for lease.

Cash at closing.

Sales Info:

>> Commision split: 3.0%