Golden Chick | 430 E Interstate 30
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Golden Chick 430 E Interstate 30
5,223 SF Retail Building Garland, TX 75043 $3,822,396 CAD ($732 CAD/SF) 5.50% Cap Rate
Investment Highlights
- Long-Term, Absolute Triple-Net (NNN) Lease
- Corporate Guarantee
- Attractive Rental Increases
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Golden Chick located at 430 E Interstate 30, Garland, TX 75043. The site consists of roughly 5,223 rentable square feet of building space on an estimated 0.67-acre parcel of land. This Golden Chick is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $145,974 and has scheduled increases of 1.50% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,223 SF
Building Class
B
Year Built
2015
Price
$3,822,396 CAD
Price Per SF
$732 CAD
Cap Rate
5.50%
NOI
$210,232 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.67 AC
Zoning
Z85
Parking
84 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
203 ft on E Interstate 30
PROPERTY TAXES
Parcel Number | 26281690010010000 | Improvements Assessment | $1,966,279 CAD |
Land Assessment | $607,125 CAD | Total Assessment | $2,573,404 CAD |
PROPERTY TAXES
Parcel Number
26281690010010000
Land Assessment
$607,125 CAD
Improvements Assessment
$1,966,279 CAD
Total Assessment
$2,573,404 CAD
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Golden Chick | 430 E Interstate 30
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