Golden Chick | 13600 S Post Oak Rd
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Golden Chick 13600 S Post Oak Rd
2,186 SF Retail Building Houston, TX 77045 $2,341,451 ($1,071/SF) 5.50% Cap Rate
Investment Highlights
- Absolute Triple Net (NNN) Sale-Leaseback
- Strong Corporate Guarantee
- Attractive Rental Increases
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Golden Chick located at 13600 S. Post Oak Rd, Houston, TX. The site consists of roughly 2,186 rentable square feet of building space on an estimated 0.71-acre parcel of land. This Golden Chick is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $128,780 and has scheduled increases of 1.50% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,186 SF
Year Built
2023
Price
$2,341,451
Price Per SF
$1,071
Cap Rate
5.50%
NOI
$128,780
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.71 AC
PROPERTY TAXES
Parcel Number | 1226120030118 | Improvements Assessment | $590,056 |
Land Assessment | $408,540 | Total Assessment | $998,596 |
PROPERTY TAXES
Parcel Number
1226120030118
Land Assessment
$408,540
Improvements Assessment
$590,056
Total Assessment
$998,596
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Golden Chick | 13600 S Post Oak Rd
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