Slim Chickens | North Richland Hills, TX

 

  • New 20 Year Triple Net Lease (NNN) with Zero Landlord Responsibilities Commencing at Close of Escrow
  • 10% Rent Increases Every 5 Years
  • Four (4) x Five (5) Year Options to Extend
  • NEW CONSTRUCTION / FRESH PROTOTYPE: The Newly Constructed Slim Chickens Prototype Includes Digital Menu Boards and an Enclosed Patio
  • Multi-Unit Operator with Development Rights to Fort Worth
  • Strategically Located in Front of Walmart Anchored Center with Cross Access to the Neighboring Target Anchored Center
  • Top Intersection in North Richland Hills
  • High Traffic Counts Along Davis Blvd and North Tarrant Parkway
  • Dense Infill Location with 10-Mile Population Nearly 700,000
  • Above Average Household Income of $123,000 Within a 3-Mile Radius
  • Neighboring Retailers Include Kroger, Walgreens, Sonic, Chick-fil-A, Chili’s, Wells Fargo and Target

Cicis

 

  • Rental Increases Every 5 Years – Next Increase of 6.67% March 2019
  • Lease Guaranteed by Cicis Corporate
  • Cicis Pizza Operates 452 Units
  • Strong Traffic Count of 40,404 VPD
  • 0.35 Miles from I-820 with 134,115 VPD
  • Dallas-Fort Worth-Alrington, TX MSA
  • 3 Mile Population 123,114
  • 5 Mile Population 289,218
  • Out-Parcel to Meadowcrest Corners Shopping Center
  • Major Retail Corridor with Surrounding Tenants Including Walmart, Sam’s Club, Hobby Lobby, Home Depot, 24 Hour Fitness, Burlington Coat Factory, Richland High School and More
  • In Cooperation with Sands Investment Group Austin, LLC Max Freedman Lic #9004706