1602 S Bridge St - Fast Food FOR SALE
Brady, TX 76825 |
1602 S Bridge St
Brady, TX 76825
HIGHLIGHTS
- Approximately 12 Years 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
- Strong Upside - Small Price Point and Health Rent at $16.13/SF
- Leases Are Coterminous With Tenant’s Franchise Agreements
- Essential Use Tenant With Drive Thru - Pandemic and Recession Resistant
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Golden Chick
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
2340
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
23636
