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Chicken Express | 15yr Abs NNN SLB 6765 Lake Worth Blvd

3,290 SF Retail Building Lake Worth, TX 76135 £2,226,817 (£677/SF) 5.94% Net Initial Yield

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INVESTMENT HIGHLIGHTS

15-Year Sale-Leaseback | Scheduled Rental Increases | Growing Brand | Options to Extend
Lake Worth Towne Crossing (431,000 SF) | Lake Worth Marketplace (219,000 SF) | Dense Retail Corridor
Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes | Direct Consumer Base

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Lake Worth Blvd (42,900 VPD) | Interstate 820 (127,300 VPD) |Excellent Visibility & Access | Additional Adjacent Land Pand

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN Sale-Leaseback, freestanding, Chicken Express investment property located in Lake Worth, Texas. The tenant, Chicken Express, will enter into a brand new 15 year lease at COE with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Chicken Express, Distribution (CEFS), is headquartered in Burleson, Texas and has over 250 locations in Texas, Arkansas, Louisiana and Oklahoma. Additional adjacent land parcel included in offering.