6765 Lake Worth Blvd - Fast Food FOR SALE
Lake Worth, TX 76135 |
$2,800,000 USD
512-277-5924
6765 Lake Worth Blvd
Lake Worth, TX 76135
HIGHLIGHTS
- New 15-year Absolute Triple Net (NNN) sale-leaseback with no landlord responsibilities, providing passive ownership and predictable long-term income.
- Structured rent escalations of 10% every 5 years ensure strong long-term income growth.
- Operated by Brohon, Inc., an experienced Chicken Express franchisee with more than 23 years of operating history within the brand.
- The location has operated continuously as a Chicken Express under the same franchisee organization since 200.
- Lockheed Martin's Fort Worth F-35 production facility, located ~5 miles from the property, employs ~19,000 people.
- ~147,330 residents and 50,100+ households are located within 5 miles of the property. The 5-mile population is projected to reach ~158,500 by 2030.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 3,290 SF Chicken Express located at 6765 Lake Worth Boulevard in Lake Worth, TX. The offering features a new 15-year Absolute Triple Net (NNN) sale-leaseback with no landlord responsibilities, providing passive ownership and predictable long-term income. 10% rent escalations every 5 years further support long-term income growth, making this a compelling investment opportunity.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$2,800,000 USD
PRICE/SF
$851 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Chicken Express - Lake Worth, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
54
LAND DETAILS
LAND ACRES
0.95 AC
LAND SF
41,382 SF
ZONING
Planned Commercial
APN/PARCEL ID
41462114
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512-277-5924
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512-277-5924
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