1873 SW Loop 323 loop | Tyler, TX 75701
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1873 SW Loop 323 loop
Tyler, TX 75701
Chick-fil-A · Retail Property For Sale
Investment Highlights
- Brand New 2024 Construction (Est. Q4 2024 opening) with a 15-Year Corporate Ground Lease from Chick-Fil-A.
- Fantastic oversized +/- 2.53 AC pad at the hard NWC of the lighted intersection at SW Loop 323 & Earl Campbell Parkway in Tyler, Texas.
- Zero Landlord Responsibilities and Income Tax Free State
- Most coveted and recession resistant single-tenant net lease investments backed by the Chick-Fil-A corporate guarantee
- 10.00% rent escalations every 5-years throughout the primary and option terms (Ten 5-Yr Options)
- Latest state-of-the-art design with a +/- 4,500 SF Stand Alone Building and dual drive-thru lanes
Executive Summary
DB2RE INVESTMENT SALES is proud to present the rare opportunity to access the high-growth / high-barrier Tyler, TX market by acquiring the Chick-Fil-A (the “Property”) located at the hard NWC of SW Loop 323 & Earl Campbell Pkwy, the primary lighted intersection in the market. Scheduled for completion Q4 2024, investors will enjoy a brand new 15-year Ground Lease with ten (10) 5-year renewal options and contractual rent escalations of 10.00% every 5-years throughout the primary and option terms. Guaranteed by Chick-Fil-A corporate (2023 est. revenue of $18.8 Billion), this ground lease is a recession resistant investment ideal for passive and/or 1031 investors seeking unparalleled stability. Long-term, the Property not only benefits from its strategic main and main location, its situated at the entrance of the new Bellwood development, Tyler’s largest mixed-use / master-planned community. Chick-Fil-A will enjoy unmatched visibility and access to over 80 AC of multi-family residences, 230 AC of single-family homes and 164 AC of additional living and commercial uses upon completion.
Shadow to both Brookshire’s and Sam’s Club, as well as directly across the street from Tyler Junior College (12,114 students) and Fresenius Medical center, being at the center of these major traffic generators provides new ownership increased stability for generations to come. Even more importantly, with zero landlord responsibilities required of ownership and with Texas being an income tax free state, the Property provides potential investors an extremely rare financial / tax shelter with a built-in hedge against today’s inflation that even the most passive investors can enjoy with ease.
Shadow to both Brookshire’s and Sam’s Club, as well as directly across the street from Tyler Junior College (12,114 students) and Fresenius Medical center, being at the center of these major traffic generators provides new ownership increased stability for generations to come. Even more importantly, with zero landlord responsibilities required of ownership and with Texas being an income tax free state, the Property provides potential investors an extremely rare financial / tax shelter with a built-in hedge against today’s inflation that even the most passive investors can enjoy with ease.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
4,500 SF
Year Built
2025
Construction Status
Under Construction
Price
£2,845,745
Price Per SF
£632
Net Initial Yield
4%
NOI
£113,830
Percent Leased
100%
Number of Floors
1
PROPERTY TAXES
Parcel Number | 1-00000-0643-05-007010 | Improvements Assessment | £0 |
Land Assessment | £1,635,734 | Total Assessment | £1,635,734 |
PROPERTY TAXES
Parcel Number
1-00000-0643-05-007010
Land Assessment
£1,635,734
Improvements Assessment
£0
Total Assessment
£1,635,734
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