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Golden Chick 3209 Forest Hill

2,086 SF Retail Building Forest Hill, TX 76140 $2,410,915 ($1,156/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 3209 Forest Hill Circle, Forest Hill, TX 76140. The site consists of roughly 2,086 rentable square feet of building space on an estimated 0.67-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 $132,600 and has scheduled increases of 1.50% annually.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,086 SF
Building Class
B
Year Built
2023
Price
$2,410,915
Price Per SF
$1,156
Cap Rate
5.50%
NOI
$132,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.67 AC

Nearby Major Retailers

Starbucks
Taco Bueno
Planet Fitness
Chase
Taco Casa

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06312713
Land Assessment
$318,692
Improvements Assessment
$836,831
Total Assessment
$1,155,523
  • Listing ID: 34256719

  • Date on Market: 12/20/2024

  • Last Updated:

  • Address: 3209 Forest Hill, Forest Hill, TX 76140

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