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Golden Chick 430 E Interstate 30

5,223 SF Retail Building Garland, TX 75043 £2,111,368 (£404/SF) 5.50% Net Initial Yield

Investment Highlights

  • Long-Term, Absolute Triple-Net (NNN) Lease
  • Corporate Guarantee
  • Attractive Rental Increases

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Golden Chick located at 430 E Interstate 30, Garland, TX 75043. The site consists of roughly 5,223 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 $145,974 and has scheduled increases of 1.50% annually.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,223 SF
Building Class
B
Year Built
2015
Price
£2,111,368
Price Per SF
£404
Net Initial Yield
5.50%
NOI
£116,125
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Lot Size
0.67 AC
Zoning
Z85
Parking
84 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
203 ft on E Interstate 30

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26281690010010000
Land Assessment
£334,110
Improvements Assessment
£1,082,074
Total Assessment
£1,416,185
  • Listing ID: 34256838

  • Date on Market: 20/12/2024

  • Last Updated:

  • Address: 430 E Interstate 30, Garland, TX 75043

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