Restaurant
Slim Chickens
19524 S I-35 Frontage Rd, Kyle, TX 78640
Listing Price: $3,739,130
Cap Rate
5.75%
Tenant Name
Slim Chickens
Years Remaining On Lease
20.0
Gross SF
2,835
Guarantor
Franchisee Guarantee
Rentable SF
2,835
Price/Gross SF
$1,318.92
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
Financing By
Listing Price: $3,739,130
Cap Rate
5.75%
Tenant Name
Slim Chickens
Years Remaining On Lease
20.0
Gross SF
2,835
Guarantor
Franchisee Guarantee
Rentable SF
2,835
Price/Gross SF
$1,318.92
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
Financing By
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