1901 Hutchings Ave | Ballinger, TX 76821
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- LoopNet Team
1901 Hutchings Ave
Ballinger, TX 76821
Golden Chick · Retail Property For Sale
Investment Highlights
- 13+ Years on an Absolute Triple Net (NNN) Sale Leaseback With Zero Landlord Responsibilities
- 15 Unit Guarantee From an Experienced and Growing Regional QSR Operator With Proven Success in the Local Market
- Essential Use Tenant With Drive-Thru; Pandemic and Recession Resistant
- Strong Hedge Against Inflation With 10% Rent Increases Every 5 Years
- Leases Are Coterminous With Tenant’s Franchise Agreements
- Excellent 1031 Exchange Property at a Low Price Point With Strong Upside
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,006 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.53 AC
PROPERTY TAXES
| Parcel Number | R000009728 | Improvements Assessment | $611,210 |
| Land Assessment | $4,550 | Total Assessment | $615,760 |
PROPERTY TAXES
Parcel Number
R000009728
Land Assessment
$4,550
Improvements Assessment
$611,210
Total Assessment
$615,760
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