Golden Chick | Colorado City, TX
Sands Investment Group is Pleased to Present For Sale the Golden Chick Absolute NNN Investment Located in Colorado City, Texas. This Deal Includes a Brand New 13 Year Absolute NNN Sale Leaseback With Zero Landlord Responsibilities and Attractive Rent Increases, Providing For a Secure Investment.
- Brand New 13 Year Absolute NNN Sale Leaseback With Zero Landlord Responsibilities
- Leases Are Coterminous With Tenant’s Franchise Agreements
- Strong Hedge Against Inflation With 10% Rent Increases Every 5 Years
- Strong 15-Unit Guaranty From a Veteran Operator 2021 Remodel Showing Long Term Commitment to Site
- Healthy Rent at $27.42/SF
- Ideal Location Off I-20, a Major East/West State Thoroughfare That Goes West to Midland/Odessa and East Into Fort Worth and Dallas
- Target Demographic For Golden Chick With Limited Competition
- Less Than 20 Minutes to Lake Colorado City State Park Which Offers a Picnic Pavilion, Cabins For Rent, Hiking, Geocaching, Swimming, Fishing and More
- 1 Hour to Midland and Abilene; 4 Hours to Dallas/Ft Worth
- Texas is an Income Tax Free State
- Nearby Tenants Include: T-Mobile, Super 8 By Wyndham, Dollar General, Exxon, Chevron, Dairy Queen, Subway, Sonic, Hurst Farm Supply and Auto Service Center
In Cooperation With Sands Investment Group Austin, LLC Lic. #9004706 BoR: Max Freedman Lic. # 644481
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