Long-Term, Absolute Triple-Net (NNN) Lease
The investment property is subject 20 year Absolute Triple Net (NNN) lease with 14 years remaining. The lease features no landlord
responsibilities.
Attractive Rental Increases
The lease features strong annual increases of 1.50%, providing a strong hedge against inflation and potential for future income growth.
REPUTABLE TENANT HOMEGROWN IN TEXAS
Golden Chick, founded in 1967 and headquartered not far away in Richardson, TX, operates over 230 locations across Texas, Oklahoma, Florida,
Louisiana, Mississippi with plans to expand into Nevada and Alabama soon. The brand has been included in Nation’s Restaurant News’ Top
200 Restaurant Brands in the U.S.
Corporate Guarantee
The lease features a corporate guarantee from Golden Franchising Corporation, the restaurant chains Franchisor. Golden Chick is a notable and growing
brand with over 230 locations nationwide.