This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Golden Chick | 20YR NNN SLB | $50K Remodel 1036 N Patrick St

3,240 SF Retail Building Dublin, TX 76446 $1,100,000 ($340/SF) 6% Cap Rate

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
  • Four (4), Five (5) Year Options To Extend Bringing the Potential Term to 40 Years
  • The Site Underwent a $50,000 Remodel in 2021 Showcasing The Tenant’s Commitment to the Location
  • Brand New 20-Year NNN Lease To Begin at Close of Escrow | Rental Increases of 10% Every 5 Years
  • Nearby Retailers Include Sonic, DG Market, First National Bank of Dublin, Dairy Queen, Central Inn, Longhorn Auto Sales, and Dollar General

EXECUTIVE SUMMARY

Brand New 20-Year NNN Lease w/ Zero Landlord Responsibilities | Attractive Rental Increases | Experienced and Growing Regional QSR Operator (13-Units)

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,240 SF
Building Class
B
Year Built/Renovated
2011/2021
Price
$1,100,000
Price Per SF
$340
Cap Rate
6%
NOI
$66,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.79 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
32 Spaces (9.87 Spaces per 1,000 SF Leased)

AMENITIES

  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • 3,240 SF
  • -
  • Triple Net
  • -

The Golden Story began in Central Texas in the late 1960's when the concept was created by a former employee of a chicken franchise who believed that there had to be a better way to run a franchise system. The wonderful chicken, created by the development of secret marination and batter mixes, attracted franchise inquires, and by the time the founder sold the chain in 1982, it had grown to a total of 39 restaurants. Golden Franchising Corporation develops and authorizes others to operate fast food restaurants under the name Golden Chick. Each Golden Chick Restaurant is a quick service restaurant with dine-in and drive-thru capability which offers a uniform limited menu featuring fresh Golden Fried Chicken™ and Golden Tenders™ prepared with proprietary batters and marination mixes. Golden Chick is one of the fastest growing restaurant brands in the U.S. and was recognized as one of the very top brands in the country by Nation’s Restaurant News.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services 3,240 SF - Triple Net -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000065210
Land Assessment
$91,040
Improvements Assessment
$592,610
Total Assessment
$683,650
  • Listing ID: 34234025

  • Date on Market: 12/18/2024

  • Last Updated:

  • Address: 1036 N Patrick St, Dublin, TX 76446

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}