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| Price $2,594,000 | Built/Renov 2003 | Tenant Chicken Express |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
2,142
| Lease Start
12-01-2024
| #Units
250
|
| Price/SF $1,211.02 | Expiration
11-30-2039
| Tenant Type Fast Food/QSR |
| NOI $155,641 | R. Term 15.0 | Ownership Fee Simple |
| Rent/SF
$72.66
| Increases 10.0%/5/yrs | Pop 5Mi 284,900 |
| Lot/AC 0.55 | Options 3/5yrs/10% | AHHI 5Mi $111,111 |
| | |
Chicken Express is strategically located at the hard corner intersection of Davis Boulevard and Standley Street, with access to a combined daily traffic count of 44,000 vehicles. The property has direct on/off ramp access to Interstate 820 and State Highways 121 & 183, which see a combined 378,000 VPD. Additionally, it is situated in close proximity to North East Mall, anchored by well-known...
...Hard corner intersection
Dense retail corridor
Near major nationals
Top 100 MSA
Strong demographics
Income tax free state
Brand new lease
Long 15+ yr lease
Store sales reported
Personal guarantee
Chicken Express is a fast-food chain known for its fried chicken, chicken tenders, catfish, and various Southern-style side dishes. The restaurant emphasizes quick service, quality food, and...
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Cap Rate 6.50%
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Cap Rate 6.50%
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R. Term 18.11 yrs
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Augusta, GA
Cap Rate 6.50%
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R. Term 18.70 yrs
Size/SF 400
Austin, TX
Cap Rate 5.00%
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
