Chick-fil-A, Groves, Texas
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1-DSC_2976 (ADJ)
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2-DSC_3018 (ADJ)
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3-DSC_2997 (ADJ)
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5-DSC_2964 (ADJ)
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13-DSC_3016 (ADJ)
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15-AERIAL FAR – LIVINGSTON, TX (JPG)
15-AERIAL FAR – LIVINGSTON, TX (JPG)
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16-AERIAL NEAR – LIVINGSTON, TX (JPG)
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Property Information
| Price: | Please Call |
| NOI: | Confidential |
| Lease Term: | 15 Years |
| Lease Type: | Absolute NNN |
| Year Built: | 2022 |
| Status: | Available |
| Lead Broker Information: |
Randy Bell bell@realcapitalinvestments.com 214-380-3670 |
Property Description
Investment Highlights
- Brand New 15 Year Absolute NNN Lease – Stable Cash Flow Asset – Zero Landlord Responsibilities – Thirteen (5-Year) Options to Renew
- 10% Rent Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
- Corporately Guaranteed Lease by Chick-fil-A, Inc. – a Best in Class Tenant with Over $11 Billion in Annual Revenue and 2,400+ Locations in 47 States – Chick-fil-A is the Industry Leader in Average Unit Volume with Over $4.6 Million in Sales Per Location, Representing 67% More in Sales Per Location Than 2nd Place Panera Bread
- New Construction, Pride of Ownership Asset Featuring Chick-fil-A’s Latest Prototype Design – a Modern and Aesthetically Pleasing Property
- Texas is an Income Tax Free State with a Strong Economy, Providing an Ideal Location for a 1031 Exchange Asset