Restaurant
Golden Chick - 20YR Sale Leaseback
1036 N Patrick St, Dublin, TX 76446
Listing Price: $1,100,000
Cap Rate
6.00%
Tenant Name
Golden Chick
Gross SF
3,240
Guarantor
Franchisee Guarantee
Rentable SF
3,240
Price/Gross SF
$339.51
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$20.37
Investment Overview
Brand New 20-Year NNN Lease w/ Zero Landlord Responsibilities | Attractive Rental Increases | Experienced and Growing Regional QSR Operator (13-Units)
Investment Highlights
- Located Along One of the 2 Main Thoroughfares in and out of the Heart of Dublin, Also Called SW US Hwy 377, With a Vehicle Count of 5,300 Per Day
- Brand New 20-Year NNN Lease To Begin at Close of Escrow | Rental Increases of 10% Every 5 Years
- Four (4), Five (5) Year Options To Extend Bringing the Potential Term to 40 Years
- Nearby Retailers Include Sonic, DG Market, First National Bank of Dublin, Dairy Queen, Central Inn, Longhorn Auto Sales, and Dollar General
- The Site Underwent a $50,000 Remodel in 2021 Showcasing The Tenant's Commitment to the Location
Exclusively Listed By
Broker of Record
Listing Price: $1,100,000
Cap Rate
6.00%
Tenant Name
Golden Chick
Gross SF
3,240
Guarantor
Franchisee Guarantee
Rentable SF
3,240
Price/Gross SF
$339.51
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$20.37
Investment Highlights
- Located Along One of the 2 Main Thoroughfares in and out of the Heart of Dublin, Also Called SW US Hwy 377, With a Vehicle Count of 5,300 Per Day
- Brand New 20-Year NNN Lease To Begin at Close of Escrow | Rental Increases of 10% Every 5 Years
- Four (4), Five (5) Year Options To Extend Bringing the Potential Term to 40 Years
- Nearby Retailers Include Sonic, DG Market, First National Bank of Dublin, Dairy Queen, Central Inn, Longhorn Auto Sales, and Dollar General
- The Site Underwent a $50,000 Remodel in 2021 Showcasing The Tenant's Commitment to the Location
Investment Overview
Brand New 20-Year NNN Lease w/ Zero Landlord Responsibilities | Attractive Rental Increases | Experienced and Growing Regional QSR Operator (13-Units)