Contacts
Jake Prater
SRS Real Estate Partners
Matthew Mousavi
SRS Real Estate Partners
Patrick Luther
SRS Real Estate Partners
Property Details
- Property Type Retail
- Property Size 3,290 SF
- Cap Rate % 5.94
- Additional Rent Contact for pricing
- Date Updated Oct 22, 2024
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.
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Getting around
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Walk Score ®
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Bike Score ®
Location
- City Lake Worth, TX
- Neighborhood Lake Worth
- Zip Code 76135
- Market Dallas Fort Worth
Points of Interest
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Grapevine Vintage Railroad Tickets
5.65 miles
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North Side
5.94 miles
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Fort Worth Central
7.74 miles
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Mercantile Center
8.45 miles
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QuikTrip
1.02 miles
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Shell
1.02 miles
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eVgo
1.02 miles
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Kohl's EV Charging Station
1.26 miles
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RaceTrac
1.61 miles
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Texaco Sansom Park Village
1.97 miles
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7 Eleven Gas Station
3.06 miles
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7-Eleven
3.87 miles
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Hotel Drover ChargePoint
5.65 miles
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Tesla Supercharger
6.23 miles
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Galaxy Lot
2.19 miles
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Hercules Lot
2.67 miles
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Visitor parking
2.82 miles
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Campus Parking Lot
4.97 miles
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Ridgmar Mall - Park and ride
5.11 miles
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Western Hills United Methodist Church
5.64 miles
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Physician & Staff Parking
5.79 miles
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North Side Station - Park and Ride
5.98 miles
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Trinity River Parking Garage
7.00 miles
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Chicken Express
0.00 miles
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Domino's
0.14 miles
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Burger King
0.34 miles
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Popeyes
0.37 miles
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Chipotle
0.41 miles
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Chick-fil-A
0.45 miles
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Panera Bread
0.46 miles
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Taco Cabana
0.48 miles
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Chili's
0.52 miles
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Pizza Hut
0.56 miles
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Brookshire's
0.21 miles
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Target
0.47 miles
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Walmart Supercenter
0.70 miles
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Albertsons
0.91 miles
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Kohl's
1.24 miles
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Marshalls
1.33 miles
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ALDI
4.37 miles
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Burlington
4.55 miles
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Big Lots
4.60 miles
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Dillard's Clearance Center
4.94 miles
In-Depth Research Available for this Property
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