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Restaurant

Golden Chick

13600 S Post Oak Rd, Houston, TX 77045

Listing Price: $2,888,889

Cap Rate
4.50%
Tenant Name
Golden Operating Corp. / Golden Franchising Corp.
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
2,022
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$64.29

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Golden Chick located at 13600 South Post Oak Road in Houston, TX. The property consists of 2,022 square feet of building space and is situated on approximately 0.71 acres of land. The tenant will enter into a brand new, 20-year triple-net (NNN) lease with absolutely no landlord responsibilities upon the close of escrow. The lease will call for 1.50% annual rental increases that will continue through the base term and into the four, five-year tenant renewal options. The lease will carry a corporate guaranty from Golden Franchising Corporation, the chain’s franchisor.

Investment Highlights

  • Brand New 20-Year Sale-Leaseback
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Corporate Guaranty from Golden Franchising Corporation, the Chain's Franchisor

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Restaurant

Golden Chick

Listing Price: $2,888,889

Cap Rate
4.50%
Tenant Name
Golden Operating Corp. / Golden Franchising Corp.
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
2,022
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$64.29

Investment Highlights

  • Brand New 20-Year Sale-Leaseback
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Corporate Guaranty from Golden Franchising Corporation, the Chain's Franchisor

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Golden Chick located at 13600 South Post Oak Road in Houston, TX. The property consists of 2,022 square feet of building space and is situated on approximately 0.71 acres of land. The tenant will enter into a brand new, 20-year triple-net (NNN) lease with absolutely no landlord responsibilities upon the close of escrow. The lease will call for 1.50% annual rental increases that will continue through the base term and into the four, five-year tenant renewal options. The lease will carry a corporate guaranty from Golden Franchising Corporation, the chain’s franchisor.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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