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Tanweer Ahmed Acquires KFC/Taco Bell Property In Anthony Texas From Mike Adell

Property Image
SOLD
Ameer Adel
John Paine
Sam Noe
+ 1

Texas

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Retail2,736 SF
Sold 11/21/2024
the dealplayerscompscontact
Property Image
SOLD

Tanweer Ahmed Acquires KFC/Taco Bell Property In Anthony Texas From Mike Adell

1811 Antonio Street

See Similar Deals
Retail2,736 SF
Sold 11/21/2024
Ameer Adel
John Paine
Sam Noe
+ 1
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:2,736 SF
Transaction Type:Sale

The property involved in this transaction is a KFC/Taco Bell located at 1811 Antonio Street in Anthony, Texas. It features a building size of 2,736 square feet and is situated on a 1.08-acre lot. The asset is secured by an absolute triple-net (NNN) lease that includes scheduled annual rent increases, providing long-term income stability.

Summary of transaction details:

Marcus & Millichap facilitated the sale of the property, emphasizing its attractive investment fundamentals and long-term income potential through the lease structure.

Players

Ameer Adel
Marcus & Millichap
Ameer Adel
4 deals$11.5M volume(817) 905-3151
BROKER
John Paine
Paine Restaurant Group at Marcus & Millichap
John Paine
15 deals$5.4M volume(972) 755-5279
BROKER
Sam Noe
Marcus & Millichap
Sam Noe
7 deals$5.4M volume(972) 755-5208
BROKER
Aaron Hines
Marcus & Millichap
Aaron Hines
1 deal(206) 826-5723
BROKER

Details

SOLD
IMAGE: Ameer Adel, John Paine, Sam Noe & Aaron Hines DATE: 11/21/2024 ADDRESS: 1811 Antonio Street MARKET: Anthony ASSET TYPE: Retail ~ SF: 2,736 BUYER: Tanweer Ahmed SELLER: Mike Adell BROKERS: Aaron Hines, Ameer Adel (@AmeerAdel_), John Paine & Sam Noe - Marcus & Millichap (@MarcusMillichapInc) NOTE FROM BROKER: Marcus & Millichap arranged the sale of a KFC/Taco Bell in Anthony, Texas, situated on a 1.08-acre lot with a 2,736-square-foot building. The property is secured by an absolute triple-net (NNN) lease with scheduled annual rent increases, offering long-term income stability and attractive investment fundamentals.

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