4601 Clear Creek Rd - Fast Food FOR SALE


Killeen, TX 76549- Killeen/Fort Hood
$2,614,000 USD
949-270-8200
4601 Clear Creek Rd, Killeen, TX for Sale
$2,614,000 USD
Fast Food - FOR SALE
1/9
null | 6.35% Cap Rate

4601 Clear Creek Rd
Killeen, TX 76549
Killeen/Fort Hood


HIGHLIGHTS

  • Brand New 20-Year Lease | Additional Land Parcel | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Signalized, Hard-Corner Intersection | Near Walmart SuperCenter | Interstate 14 (83,000 VPD) | Dense Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Golden Chick and land investment property located in Killeen, Texas. The tenant, Golden Chick recently signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive, out of state investor.

FOR SALE DETAILS

PRICE

$2,614,000 USD

PRICE/SF

$1,046 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Golden Chick & Land

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

B-5

APN/PARCEL ID

524639,524640

ASK ABOUT THIS PROPERTY

Dale RobbinsSRS Real Estate PartnersMore Info
949-270-8200

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Dale RobbinsSRS Real Estate PartnersMore Info
949-270-8200

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