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1602 S Bridge St
Brady, TX 76825

Golden Chick · Retail Property For Sale

Investment Highlights

  • Approximately 12 Years Absolute Triple Net (NNN) Sale Leaseback With Zero Landlord Responsibilities
  • 15 Unit Guarantee From an Experienced and Growing Regional QSR Operator With Proven Success in the Local Market
  • Leases Are Coterminous With Tenant’s Franchise Agreements
  • Strong Hedge Against Inflation With 10% Rent Increases Every 5 Years
  • Strong Upside - Small Price Point and Health Rent at $16.13/SF
  • Essential Use Tenant With Drive Thru - Pandemic and Recession Resistant

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,340 SF
Building Class
C
Year Built
2013
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Lot Size
0.27 AC
Zoning
Commercial - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23636
Land Assessment
£28,538
Improvements Assessment
£205,716
Total Assessment
£234,254
  • Listing ID: 26199716

  • Date on Market: 19/07/2022

  • Last Updated:

  • Address: 1602 S Bridge St, Brady, TX 76825

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