- For Sale $2,101,000
- Property Type Retail
- Property Size 3,095 SF
- Cap Rate % 6
- Additional Rent Contact for pricing
- Date Updated Sep 18, 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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Location
Getting Around
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Walk Score ®
73/100
Very Walkable
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Bike Score ®
44/100
Somewhat Bikeable
- City Plano, TX
- Neighborhood Oak Point Estates
- Zip Code 75074
- Market Dallas Fort Worth
Points of Interest
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Shell
0.56 miles
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RaceTrac
0.70 miles
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RaceTrac
0.82 miles
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Shell
1.00 miles
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Costco Gasoline
1.28 miles
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Chevron
1.35 miles
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Tom Thumb 1788 Fuel Station
2.38 miles
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Valero
2.76 miles
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Rapido
2.91 miles
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Texaco
2.93 miles
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Parking Lot 7
0.70 miles
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Parking Garage
2.80 miles
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Junction 15 Parking Lot
2.82 miles
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Parking Garage
4.96 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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Lot N
5.75 miles
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Lot A
5.78 miles
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Lot B
5.84 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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Kura Sushi
0.71 miles
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Yama Izakaya & Sushi Legacy
0.84 miles
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Mei Mei China Restaurant
1.13 miles
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Chili's
1.18 miles
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Whataburger
1.23 miles
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Red Lobster
1.27 miles
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Abuelo's
1.27 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
1.34 miles
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H Mart
1.38 miles
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Burlington
1.69 miles
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Target
1.88 miles
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ALDI
2.03 miles
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Walmart Neighborhood Market
2.08 miles
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Market Street
2.23 miles
Frequently Asked Questions
How much does Chicken Express cost?
The space currently listed for sale at Chicken Express asks for $2,101,000.
What is the total square footage of Chicken Express?
Chicken Express totals 3,095 square feet.
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