3209 Forest Hill - Fast Food FOR SALE


Forest Hill, TX 76140
$2,410,915 USD
332-345-4222
3209 Forest Hill, Forest Hill, TX for Sale
$2,410,915 USD
Fast Food - FOR SALE
1/2
null | 5.5% Cap Rate

3209 Forest Hill
Forest Hill, TX 76140


HIGHLIGHTS

  • Absolute Triple Net (NNN) Sale-Leaseback
  • Attractive Rental Increases
  • Strong Corporate Guarantee

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,410,915 USD

PRICE/SF

$1,156 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Golden Chick

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

-

APN/PARCEL ID

06312713

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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