Chicken Express High Performing Absolute NNN Property Fast Food Texas

Investment Offering

Tenant: Chicken Express | McKinney, TX
Premises: 2,947 SF
Renewal Options: 4 x 5 Years

Lease Expiration: 10 Yrs from COE
Lease Type: Absolute NNN
Rental Increases: 10% Every 5 Years

Sands Investment Group is pleased to present this high performing Absolute NNN property located in McKinney, Texas.

New 10-Year Absolute Triple Net (NNN) Lease to Begin at the Close of Escrow
High Performing Store
10% Rent Increases Every 5 Years
High Traffic Location with Over 37,900 VPD Along University Drive
Excellent Demographics – Population Over 67,000 with an Above Average Household Income of $121,777 Within a 3-Mile Radius
Across from Baylor Scott & White Medical Center Complex; a Full-Service Hospital with 143 Beds Offering Advanced Medical Services and Emergency Care
0.5 Miles From Third Monday Trade Days, the Oldest and Largest Monthly Trade Day/Flea Market in North Texas and Offers Over 450 Vendors
2.5 Miles from Collin College Serving Over 53,000 Students and Staff
Limited Fast Food Competition off Lake Forest Drive Near Schools and Medical Complex
Nearby Tenants Include: Baylor Scott & White Medical Center, Valero, Circle K, Frost Bank, Urgent Care for Kids, Advantage Storage, Pizza Hut, Walgreens and Whataburger

In Cooperation with Sands Investment Group Austin, LLC BoR: Max Freedman – Lic. #9004706

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Tenant Overview

Chicken Express is a regional chain of fast foods restaurants concentrated in the Southern United States. Chicken Express was established in 1988 by Richard and Nancy Stuart's Stuart Group Inc. The first restaurant opened in 1988 in Benbrook, Texas. The Stuart’s expanded the Chicken Express name and product originally by being one of the very first fast food chicken delivery businesses, making their slogan “our chicken can’t fly, so we deliver.” Today the major customer base is drive-thru; dine-in; carhop (at select locations) and catering for any occasion or tailgating event. The restaurant serves fried chicken, catfish, chicken tenders, and side dishes. The chain is also known for their iced tea, which they sell by the gallon. Chicken Express has over 200 locations in the states of TX, AR, GA, LA, and OK

Area Overview