Restaurant
Slim Chickens
19524 S I-35 Frontage Rd, Kyle, TX 78640
Listing Price: $3,583,333
Cap Rate
6.00%
Tenant Name
Slim Chickens
Years Remaining On Lease
20.3
Gross SF
2,835
Guarantor
Franchisee Guarantee
Rentable SF
2,835
Price/Gross SF
$1,263.96
Lease Type
Absolute Net
Rent Per Square Feet
$75.84
Investment Overview
See Highlights
Slim Chickens
Investment Highlights
- Brand New 20-Year Lease - Upon close of escrow, property is secured by a newly signed 20-year lease agreement, providing a long-term commitment and stability for the tenant.
- Absolute Net Lease - The lease is structured as an absolute net lease, meaning the tenant is responsible for all expenses, including property taxes, insurance, and maintenance.
- Located in Retail Corridor - The property is strategically situated in a thriving retail corridor with huge developments in the last few years of both retail and residential.
- Dense Population - The five mile population count exceeds 113,000 and is projected to reach over 128,000 by 2029. There is also over 37,000 households within the same radius.
- Experienced Franchisee - This operator has experienced exceptional success with the Slim Chickens brand, setting massive store sales figures on each of their new builds.
Exclusively Listed By
Listing Price: $3,583,333
Cap Rate
6.00%
Tenant Name
Slim Chickens
Years Remaining On Lease
20.3
Gross SF
2,835
Guarantor
Franchisee Guarantee
Rentable SF
2,835
Price/Gross SF
$1,263.96
Lease Type
Absolute Net
Rent Per Square Feet
$75.84
Investment Highlights
- Brand New 20-Year Lease - Upon close of escrow, property is secured by a newly signed 20-year lease agreement, providing a long-term commitment and stability for the tenant.
- Absolute Net Lease - The lease is structured as an absolute net lease, meaning the tenant is responsible for all expenses, including property taxes, insurance, and maintenance.
- Located in Retail Corridor - The property is strategically situated in a thriving retail corridor with huge developments in the last few years of both retail and residential.
- Dense Population - The five mile population count exceeds 113,000 and is projected to reach over 128,000 by 2029. There is also over 37,000 households within the same radius.
- Experienced Franchisee - This operator has experienced exceptional success with the Slim Chickens brand, setting massive store sales figures on each of their new builds.
Investment Overview
See Highlights
Exclusively Listed By
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