Absolute NNN Fast Food

Golden Chick | (Sherwood) San Angelo, TX

Sands Investment Group is Pleased to Present For Sale the Golden Chick Absolute NNN Fast Food Asset Located in San Angelo, Texas. This Deal Includes 10+ Years Remaining on an Absolute Triple Net (NNN) Lease, With Zero Landlord Responsibilities and Attractive Rent Increases, Providing For a Secured Investment.

  • 10+ 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
  • High Performing Store With Sales Above National Average For Golden Chick
  • Stabilized and Sustainable Rent at $28.70/SF
  • Strong Demographics With a Population of 64,308 Residents and an Average Household Income of $70,387 Within a 3-Mile Radius
  • High Population Growth Area; Population Anticipated to Grow By 2.4% Over the Next 5 Years
  • 2021 Remodel Showing Long Term Commitment to Site
  • Located Along High Traffic Retail Corridor With Multiple Points of Access; Sherwood Way Sees Over 15,000 VPD
  • Next to Recently Developed H-E-B Anchored Shopping Center and Down the Street From Walmart Supercenter and Lowe’s; Benefits From Maximum Traffic Due to the Location to National Credit Tenants
  • 2 Minutes From Angelo State University; Over 10,000 Students Enrolled and Close Proximity to TLCA Academy
  • In Close Proximity to Sunset Mall, 559,684 SF Shopping Center Featuring Over 70 Major Retailers
  • Nearby Tenants: Walmart, Pizza Hut, Papa Johns, Starbucks, Sonic, HEB, Lowe’s, Taco Bell, Goodwill, Subway, Cotton Patch, Freddy’s, Buffalo Wild Wings, Hobby Lobby, Outback Steakhouse, Chicken Express and More

In Cooperation With Sands Investment Group Austin, LLC Lic. #9004706 BoR: Max Freedman Lic. # 644481

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