Golden Chick | 3209 Forest Hill
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Golden Chick 3209 Forest Hill
2,086 SF Retail Building Forest Hill, TX 76140 £1,917,931 (£919/SF) 5.50% Net Initial Yield
Investment Highlights
- Absolute Triple Net (NNN) Sale-Leaseback
- Strong Corporate Guarantee
- Attractive Rental Increases
Executive Summary
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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,086 SF
Building Class
B
Year Built
2023
Price
£1,917,931
Price Per SF
£919
Net Initial Yield
5.50%
NOI
£105,486
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
0.67 AC
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 06312713 | Improvements Assessment | £665,716 |
| Land Assessment | £253,526 | Total Assessment | £919,242 |
PROPERTY TAXES
Parcel Number
06312713
Land Assessment
£253,526
Improvements Assessment
£665,716
Total Assessment
£919,242
Contacts
-
Glen Kunofsky -
Matthew Anuszkiewicz -
Ryan Sblendorio -
Andrew Darby -
NNN Pro Group
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Golden Chick | 3209 Forest Hill
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