714 E Main St - Fast Food FOR SALE
Allen, TX 75002 |
$2,800,000 USD
512-277-5924
714 E Main St
Allen, TX 75002
HIGHLIGHTS
- New 15-year Absolute Triple Net (NNN) sale-leaseback with zero landlord responsibilities, providing passive ownership & 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.
- Rent was underwritten against actual unit-level operating results rather than set to maximize sale proceeds, producing a rent basis a buyer.
- ~97,662 residents live within 3 miles of the property and 230,551 within 5 miles, with median household incomes of ~$125,200 and $116,100.
- The 5-mile population is projected to approach 263,000 by 2030, nearly 14% growth over 2025 levels. Allen's citywide population grew 8.4%.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 4,478 SF Chicken Express located at 714 E Main Street in Allen, TX. This offering features a new 15-year Absolute Triple Net (NNN) sale-leaseback, providing investors with a truly passive ownership opportunity and predictable, long-term income with no landlord responsibilities. The combination of a strong regional brand, long-term lease commitment, and minimal ownership obligations makes this an attractive 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
$625 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Chicken Express - Allen, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, Storefront, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
34
LAND DETAILS
LAND ACRES
1.31 AC
LAND SF
57,064 SF
ZONING
PD
APN/PARCEL ID
R-8202-000-0030-1
ASK ABOUT THIS PROPERTY
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512-277-5924
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512-277-5924
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