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 3,095 SF
- Cap Rate % 6
- 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 Plano, 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.
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Getting around
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Walk Score ®
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Location
- City Plano, TX
- Neighborhood Oak Point Estates
- Zip Code 75074
- Market Dallas Fort Worth
Points of Interest
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CityLine/Bush
3.95 miles
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Galatyn Park
5.20 miles
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Arapaho Center
6.82 miles
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Spring Valley
8.59 miles
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QuikTrip
0.32 miles
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7-Eleven
0.52 miles
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Shell
0.56 miles
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RaceTrac
0.70 miles
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Costco Gasoline
1.28 miles
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Chevron
1.35 miles
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Diamond Shamrock
1.61 miles
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ChargePoint
2.39 miles
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Tesla Supercharger
5.04 miles
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Blink
6.25 miles
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Parking Lot 7
0.70 miles
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Parking Garage
2.81 miles
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Junction 15 Parking Lot
2.82 miles
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Eisemann Center
5.09 miles
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South Garage
5.12 miles
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Lot S
5.73 miles
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SPN Lot
5.75 miles
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Lot A
5.75 miles
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Lot N
5.75 miles
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Board Bites
0.15 miles
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Jamba
0.25 miles
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Wingstop
0.26 miles
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Five Guys
0.27 miles
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Panda Express
0.30 miles
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Taco Cabana
0.34 miles
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Chipotle
0.40 miles
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Ninja Ramen
0.45 miles
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Mr. Tofu
0.54 miles
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Schlotzsky's
0.62 miles
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99 Ranch Market
0.53 miles
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Walmart Supercenter
0.68 miles
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Mitsuwa
0.74 miles
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India Bazaar
1.32 miles
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H Mart
1.38 miles
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K&G Fashion Superstore
1.53 miles
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Ross
1.55 miles
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Burlington
1.66 miles
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Target
1.89 miles
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ALDI
2.03 miles
In-Depth Research Available for this Property
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