Map of Property

Chicken Express

For Sale

1824 Texoma Pkwy, Sherman, TX 75090

This Sherman property for sale is located at 1824 Texoma Pkwy. The current listed sale price for Chicken Express is $3,137,000.

Contacts

broker
Jake Prater

SRS Real Estate Partners

broker
Matthew Mousavi

SRS Real Estate Partners

broker
Patrick Luther

SRS Real Estate Partners

Property Details

  • Property Type Retail
  • Property Size 2,518 SF
  • Cap Rate % 6
  • Additional Rent Contact for pricing
  • Date Updated Dec 19, 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 Sherman, 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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 55/100

    Walk Score ®

  • 43/100

    Bike Score ®

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Location

  • City Sherman, TX
  • Zip Code 75090
  • Market Dallas Fort Worth

Points of Interest

  • Kroger

    0.07 miles

  • Valero

    0.13 miles

  • Chevron

    0.45 miles

  • Albertsons

    0.50 miles

  • Shell

    0.58 miles

  • Mobil

    1.00 miles

  • Tesla Supercharger

    9.94 miles

  • Covenant Presbyterian Church Parking

    1.35 miles

  • Chicken Express

    0.00 miles

  • Sonic

    0.03 miles

  • Taco Bell

    0.09 miles

  • Southern Maid Donuts

    0.15 miles

  • Crazy Thai

    0.17 miles

  • Cici's Pizza

    0.21 miles

  • Pizza Inn

    0.29 miles

  • Pizza Hut

    0.35 miles

  • Domino's

    0.39 miles

  • Bari's Pasta & Pizza

    0.45 miles

  • Kroger

    0.10 miles

  • Albertsons

    0.48 miles

  • Dirt Cheap

    0.60 miles

  • Big Lots

    0.63 miles

  • ALDI

    1.13 miles

  • Walmart Supercenter

    1.29 miles

  • Belk

    1.54 miles

  • Ross

    1.63 miles

  • Kohl's

    1.68 miles

  • Target

    1.74 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Chicken Express