2416 US 79 - Retail FOR SALE


Henderson, TX 75654
$6,378,000 USD
480-221-4221
2416 US 79, Henderson, TX for Sale
$6,378,000 USD
Retail - FOR SALE
1/8
null | 4.5% Cap Rate

2416 US 79
Henderson, TX 75654


HIGHLIGHTS

  • Brand New 15-Year Lease | Scheduled Rental Increases | Strong National/Credit Tenant | Corporate Signed
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | Rare Depreciable Asset
  • Signalized, Hard Corner Intersection | Drive-Thru Lane Equipped | Henderson Plaza (118,000 SF) | Primary Retail Corridor
  • Brand New Construction | Highway US-79 (13,200 VPD)
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, drive-thru equipped, Chick-fil-A investment property located in Henderson, Texas. The tenant, Chick-fil-A, Inc recently signed a brand new 15 year lease with 13 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$6,378,000 USD

PRICE/SF

$1,278 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A | New 15yr Corp Abs NNN w/ Incrs

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

C2

APN/PARCEL ID

32630

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.