Church’s Chicken | McAllen, TX
Sands Investment Group is pleased to present this Absolute NNN Lease investment opportunity located in McAllen, Texas.
- Long Term Absolute Triple Net (NNN) Lease – No Landlord Responsibilities
- Recently Extended Lease – Over 10 Years Remaining
- Tenant Spent Over $300,000 in Interior and Exterior Remodels (The Star Initiative Design Package) Showing Long Term Commitment to the Site
- Corporate Guarantee from Cajun Operating Company, Inc. Providing Stability and Security to the Investor
- 5% Rent Increase in January 2024 with 6% Rent Increases at Each 4 x 5 Year Options to Renew
- McAllen is the Largest City in Hidalgo County, Texas and is the Fifth Most Populous Metropolitan Area in the State of Texas
- As of 2017, McAllen’s Population was Estimated to be Over 143,000 Residents
- Strong Location Off of E Expressway 83 with Traffic Counts Exceeding 31,100 VPD
- Neighboring Tenants Include: Walmart, Burger King, McDonald’s, AutoZone And Many More
In Cooperation with Sands Investment Group Austin, LLC BoR: Max Freedman- Lic # 9004706
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