Golden Chick - 1st St 3809 N 1st St 2,888 SF Retail Building Abilene, TX 79603 $2,573,500 ($891.10/SF) 6.80% Cap Rate
INVESTMENT HIGHLIGHTS
- 15 year sale leaseback
- Large lot on a hard signalized corner
- Veteran owner operator
- Lease begins at COE
- Main thoroughfare in Abilene
- Located about 6 miles from Dyess AFB
EXECUTIVE SUMMARY
Retail Investment Group is pleased to present for sale this Golden Chick in Abilene, Texas. This opportunity features a long-term absolute NNN lease with 15 years from COE. This ±2,888 square foot building was built in 2017 and is situated on a ±0.861 acre lot. This store is a top 10 store in the entire system. Ask broker for details.
Broker of Record:
Brian Brockman,
Broker - Bang Realty-Texas Inc,
Lic: 701472,
513.898.1551,
bor@bangrealty.com
Broker of Record:
Brian Brockman,
Broker - Bang Realty-Texas Inc,
Lic: 701472,
513.898.1551,
bor@bangrealty.com
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,888 SF
Building Class
C
Year Built
2017
Price
$2,573,500
Price Per SF
$891.10
Cap Rate
6.80%
NOI
$175,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.86 AC
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 71623 | Improvements Assessment | $744,915 |
| Land Assessment | $164,085 | Total Assessment | $909,000 |
