Golden Chick | 430 E Interstate 30
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Golden Chick 430 E Interstate 30
5,223 SF Retail Building Garland, TX 75043 $2,654,073 ($508/SF) 5.50% Cap Rate
Investment Highlights
- Long-Term, Absolute Triple-Net (NNN) Lease
- Corporate Guarantee
- Attractive Rental Increases
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Golden Chick located at 430 E Interstate 30, Garland, TX 75043. The site consists of roughly 5,223 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 $145,974 and has scheduled increases of 1.50% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,223 SF
Building Class
B
Year Built
2015
Price
$2,654,073
Price Per SF
$508
Cap Rate
5.50%
NOI
$145,974
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.67 AC
Zoning
Z85
Parking
84 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
203 FT on E Interstate 30
PROPERTY TAXES
| Parcel Number | 26281690010010000 | Improvements Assessment | $1,360,210 |
| Land Assessment | $419,990 | Total Assessment | $1,780,200 |
PROPERTY TAXES
Parcel Number
26281690010010000
Land Assessment
$419,990
Improvements Assessment
$1,360,210
Total Assessment
$1,780,200
Contacts
-
Glen Kunofsky -
Matthew Anuszkiewicz -
Ryan Sblendorio -
Andrew Darby -
NNN Pro Group
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Golden Chick | 430 E Interstate 30
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