SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Chili’s investment property located in Nacogdoches, Texas. The tenant, Chili’s, recently signed a brand new 10-year lease extension with no options to extend. The lease is absolute NNN with zero landlord responsibilities. The 2.46-acre parcel, which is zoned general business and located directly across from Stephen F. Austin University, is an ideal opportunity for a covered land play, as demand for student housing in the area is high and Chili’s lease contains no options to extend.