NNN Pro is pleased to present the exclusive listing for a Golden Chick located at 3209 Forest Hill Circle, Forest Hill, TX 76140. The site consists of roughly 2,086 rentable square feet of building space on an estimated 0.67-acre parcel of land. This Golden Chick is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $132,600 and has scheduled increases of 1.50% annually.
Absolute Triple Net (NNN) Sale-Leaseback | The subject investment property will be subject to a 20-year absolute triple net (NNN) lease at the close of escrow, holding zero landlord responsibilities and demonstrating strong commitment to the site.
Attractive Rental Increases | This lease features strong rental increases of 1.50% Annually, hedging against inflation.
Strong Corporate Guarantee | This lease is subject to a strong corporate guarantee from the Golden Operating Corporation with over 225 locations throughout the United States.
No State Income Tax | Investments within Texas offer the significant advantage of no state income tax, maximizing the return on investment.
Strong Corporate Growth | Golden Chick has opened 11 locations this year, and plans to reach 500 locations by 2030, making it a promising investment opportunity due to its potential for significant market expansion.