E HWY 44 Alice TX 78332

Brand-New 15 Year Absolute NNN Lease – Stable Cash Flow Asset – Zero Landlord Responsibilities – Thirteen (5-Year) Options to Renew

10% Rent Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation

Corporately Guaranteed Lease by Chick-fil-A, Inc. – a Best in Class Tenant with Over $18.8 Billion in Annual Revenue and 3,000+ Locations in 48 States – Chick-fil-A is the Industry Leader in Average Unit Volume with Over $8.7 Million in Sales Per Location in Their Freestanding Stores, Representing More Than Twice As Much within Their Category as 2nd Place Panera Bread

New Construction, Pride of Ownership Asset Featuring Chick-fil-A’s Latest Prototype Design – a Modern and Aesthetically Pleasing Property

Intrinsic Value Asset – Large Format Restaurant at 4,933 Square Feet Situated on a Massive 1.67-Acre Parcel

Features a Double-Thru Bay with a 40 Car Stack, 70 Parking Spaces & 116 Total Seats – Providing Chick-fil-A with the Ability to Handle Extremely High Customer Volume

High Traffic Location – Over 22,500 Vehicles Per Day on E. Main Street (TX-44) with an Additional 8,170 Vehicles Per Day on Nearby Flournoy Rd (FM-1931)

Excellent Highway Visibility and Massive Pylon Sign Allow for Maximum Exposure to Oncoming Traffic from Both Directions

Strong Demographics – More Than 20,000 Residents in a 5-Mile Radius with Average Household Income Exceeding $111,000 within a 1-Mile Radius of the Property

Over 2.73 Million Square Feet of Industrial & Office Space and 2.63 Million Square Feet of Restaurant & Retail within a 5-Mile Radius of the Property, Resulting in a High Daytime Population of More Than 900 Businesses & 9,800 Employees

Strategically Positioned Next to a Walmart Supercenter That Has Seen More Than 2.55 Million Visits Over the Last Calendar Year

Located Directly Across TX-44 from the 135 Bed CHRISTUS Spohn Hospital – Alice with Over $424 Million in Total Patient Revenue in 2022 and a Staff of More Than 200 Healthcare Professionals

Approximately 1.2 Miles from Alice High School with Over 1,275 Students Enrolled & 100+ Faculty Members & Staff

Texas is an Income Tax Free State with a Strong Economy, Providing an Ideal Location for a 1031 Exchange Asset