Golden Chick | Ballinger, TX
Sands Investment Group is Pleased to Present For Sale the Golden Chick Fast Food Absolute NNN Located in Ballinger, Texas. This Deal Includes 13+ Years Remaining on an Absolute Triple Net (NNN) Lease, With Zero Landlord Responsibilities and Attractive Rent Increases, Providing For a Secured Investment.
- 13+ 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
- Excellent 1031 Exchange Property at a Low Price Point With Strong Upside
- Leases Are Coterminous With Tenant’s Franchise Agreements
- Essential Use Tenant With Drive-Thru; Pandemic and Recession Resistant
- 2021 Remodel Showing Long Term Commitment to Site
- Target Demographic For Golden Chick With Limited Competition
- Ideal Location Off Highway 67, a Major East/West State Thoroughfare That Goes West to Midland/Odessa and East Into Fort Worth and Dallas
- Property is Located Down the Street From Ballinger High School and Middle School Providing Ample Foot Traffic
- Texas is an Income Tax Free State
- Nearby Tenants: Walmart, Sonic Drive-In, Stripe C-Store, Pizza Hut, Ballinger Laser Wash and Toliver Brothers Service Center (Chevy Dealership)
In Cooperation With Sands Investment Group Austin, LLC Lic. #9004706 BoR: Max Freedman Lic. # 644481
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