Golden Chick - Net Lease Property for Sale
Fort Worth, TX
Key Investment Metrics
Price
$2,472,540
Cap Rate
5.8%
Net Operating Income
$142,171
Building Size
1500 SF
Lot Size
1,500 SF
Land Area
1.03 Acres
Remaining Term
17.8 years
Lease Expiration
10/31/2043
Lease Term
20.0 years
Lease Commencement
11/01/2023
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
2023
Occupancy
100%
Tenancy
Single
Rent Increases
1.5% Annual Increases
About This Golden Chick Net Lease Property
This Golden Chick NNN (triple net lease) property is located in Fort Worth, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 1500 square feet of building space and was built in 2023.
With a cap rate of 5.8%, this Golden Chick net lease property offers stable income potential. The asking price is $2,472,540, making it an attractive option for 1031 exchange investors seeking quality Golden Chick commercial properties.
Why Invest in Golden Chick NNN Properties?
- Stable Income: Golden Chick net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Golden Chick is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Fort Worth, TX Market Overview
Located in Fort Worth, TX, this Golden Chick property benefits from strong local demographics and market fundamentals. The Fort Worth area offers excellent visibility and accessibility, making it an ideal location for Golden Chick operations and a solid investment for net lease property buyers.