1524 Hewitt Drive Archives | Sands Investment Group

Sands Investment Group is Pleased to Present For Sale the Golden Chick Absolute NNN Lease Located in Waco, Texas. This Deal Includes Approximately 14 Years Remaining on an Absolute Triple Net (NNN) Lease, With Zero Landlord Responsibilities and Attractive Rent Increases, Providing For a Secured Investment.

Approximately 14 Years on an Absolute Triple Net (NNN) Sale Leaseback With Zero Landlord Responsibilities
Strong Hedge Against Inflation With 10% Rent Increases Every 5 Years
15 Unit Guarantee From an Experienced and Growing Regional QSR Operator With Proven Success in the Local Market
2021 Remodel Showing Long Term Commitment to Site
Healthy and Sustainable Rent at $24.33/SF
Leases Are Coterminous With Tenant’s Franchise Agreements
Excellent Demographics With a Population of 45,892 Residents Within a 2-Mile Radius
Minutes From Baylor University Campus (1,000+ Acres) With Over 22,000 Students and Faculty; The Oldest Continuously Operating University in Texas
Waco Sits Along I-35 and is Halfway Between Austin and Dallas; Waco is Home to the Chip & Joanna Gaines’ Magnolia Market at the Silos, a Large Tourist Destination That Sees Over 1.2 Million Visitors Each Year
Adjacent to Panther Stadium and Midway High School With Over 2,500 Students and Faculty, Providing Significant Foot Traffic
Texas is an Income Tax Free State
Nearby Tenants: Sonic Drive-In, Raising Cane’s, Wendy’s, Taco Bell, Walmart Supercenter, Baskin’ Robbins, Little Caesars, AutoZone, Freddy’s, Schlotzsky’s, McDonald’s, Jersey Mike’s, Dunkin Donuts, Taco Casa and More