3000 College Ave - Retail FOR SALE


Snyder, TX 79549
$2,200,000 USD
325-665-9244
3000 College Ave, Snyder, TX for Sale
$2,200,000 USD
Retail - FOR SALE
1/15
null | 4.18% Cap Rate

3000 College Ave
Snyder, TX 79549


HIGHLIGHTS

  • Absolute NNN Lease with 17 years left & 3(5 year) options
  • Tenant owns multiple locations with a personal guarantee
  • Zero landlord responsibilities

OVERVIEW

This offering presents the opportunity to acquire a Golden Chick restaurant located in Snyder, a stable West Texas trade area supported by energy, education, and regional commerce. The property is positioned along a high-visibility commercial corridor, benefiting from strong daily traffic counts and convenient access to surrounding residential neighborhoods, retail nodes, and employment centers. Golden Chick is a well-established, Texas-based quick-service brand with decades of operating history and a loyal customer base, providing investors with durable cash flow and long-term brand relevance. The asset features a freestanding building with drive-thru, purpose-built for QSR operations, and is operated under a long-term, triple-net (NNN) lease structure, minimizing landlord responsibilities and delivering predictable, passive income. The lease is supported by a seasoned operator and offers built-in rent escalations, providing a hedge against inflation and long-term income growth. Snyder serves as a regional hub for Scurry County, anchored by the energy sector, healthcare, and higher education, including Western Texas College. The area’s steady employment base and limited supply of institutional-grade net-lease assets make this offering particularly attractive for investors seeking stable yield with minimal management intensity.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$1,079 USD /SF

CAP RATE

4.18%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.95 AC

LAND SF

346,501 SF

ZONING

-

APN/PARCEL ID

211748

ASK ABOUT THIS PROPERTY

Josh RaderMccullar Property GroupMore Info
325-665-9244

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Josh RaderMccullar Property GroupMore Info
325-665-9244

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.