Net Lease Captain D’s Property Profile and Cap Rates Date July 3, 2020
Net Lease Captain D’s – Typical Property and Lease Terms
| Price Range: | $1 mm - $3 mm |
| Cap Rate: | 6.00% |
| Net Income: | $100,000 |
| Price Per foot: | $400 PSF |
| Building Size: | 3,000 SF |
| Lot Size: | 1 Acre |
| Escalations: | 10% every 5 years |
| Lease Term: | 15 Years |
| Lease Type: | NNN |
| Credit Rating: | Franchisee |
Tenant Company Information:
Captain D’s is an American chain of fast casual seafood restaurants. The first one opened in Donelson, Tennessee on August 15, 1969. Known originally as Mr. D’s Seafood and Hamburgers, it changed its company name to Captain D’s Seafood in 1974 to focus on fish and chips, shrimp, and side dishes. There are 539 locations.
Back