Restaurant
Chick-fil-A - Rare 3-Lane Drive-Thru
3800 Washington Ave, Houston, TX 77007
Listing Price: $11,625,000
Investment Overview
--Prime Retail Location
-A True Trophy-Level Property Located Only 2 Miles from Downtown Houston
-Located One Block Away from Walmart and H-E-B
-Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Target, Sprouts, The Home Depot, Kroger, PetSmart and Many More
-Affluent Area with the Average Household Income Exceeding $151,000 Within 1 Mile
-Extremely High Density with Over 204,000 Residents Within 3 Miles
-High Employment Area with a Daytime Population Exceeding 1,000,000 Within 5 Miles
--Strong Corporate Guarantee
-Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market
-Chick-fil-A Annual Sales Revenue in 2024 was $22.7 Billion
-Chick-fil-A is Ranked as the #1 Performing Chicken Restaurant in the Country
-Scheduled 10% Rental Increases Throughout the Initial Term Provide for an Excellent Hedge Against Inflation
Investment Highlights
- Brand New Prototype Chick-fil-A with Rare 3-Lane Drive-Thru
- Brand New Construction, 15-Year Ground Lease
- Located on the Corner of Two Signalized Intersections and Surrounded by Three Streets
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director / Chief Revenue Officer
Listing Price: $11,625,000
Investment Highlights
- Brand New Prototype Chick-fil-A with Rare 3-Lane Drive-Thru
- Brand New Construction, 15-Year Ground Lease
- Located on the Corner of Two Signalized Intersections and Surrounded by Three Streets
Investment Overview
--Prime Retail Location -A True Trophy-Level Property Located Only 2 Miles from Downtown Houston -Located One Block Away from Walmart and H-E-B -Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Target, Sprouts, The Home Depot, Kroger, PetSmart and Many More -Affluent Area with the Average Household Income Exceeding $151,000 Within 1 Mile -Extremely High Density with Over 204,000 Residents Within 3 Miles -High Employment Area with a Daytime Population Exceeding 1,000,000 Within 5 Miles --Strong Corporate Guarantee -Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market -Chick-fil-A Annual Sales Revenue in 2024 was $22.7 Billion -Chick-fil-A is Ranked as the #1 Performing Chicken Restaurant in the Country -Scheduled 10% Rental Increases Throughout the Initial Term Provide for an Excellent Hedge Against Inflation
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director / Chief Revenue Officer