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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

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Restaurant

Golden Chick - 20YR Sale Leaseback

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)

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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