Golden Chick
Just Listed: Drive-Thru Golden Chick | 15 Yrs ABS NNN | $2.09M | $150k AHHI | Midland, TX
Marketing description
Faris Lee Investments is pleased to present the opportunity to acquire a new drive-thru Golden Chick restaurant located in Midland, Texas. The property is secured by a 15-year Absolute NNN lease featuring 10% rental increases every 5 years, providing investors with stable income, inflation protection, and zero landlord responsibilities.
The site offers prime visibility along Big Spring Street (23,200+ VPD) that serves as Midland’s main north-south thoroughfare and is surrounded by national retailers and strong regional traffic drivers. The property benefits from 24,000+ residents within 3 miles and an average household income exceeding $150,000, highlighting the area’s strong consumer base.
Golden Chick, founded in 1967, has grown to 240+ locations across Texas, Oklahoma, Louisiana, and Mississippi, including 217+ in Texas alone. The brand maintains a loyal following and deep recognition across the Lone Star State. This location is operated by an experienced multi-unit franchisee who also owns McAlister’s Deli and Jamba Juice restaurants, demonstrating strong operational capacity and performance.
Midland–Odessa is the fastest-growing metro in Texas, posting 2.8% annual population growth over the past five years. The region anchors the U.S. energy market, producing 40% of the nation’s oil and 22% of its natural gas, supporting exceptional employment and income levels.
This offering provides investors a fee simple interest in a newly constructed, drive-thru Golden Chick — delivering long-term stability, full depreciation benefits, and a passive investment in one of Texas’s most dynamic growth markets.
Investment highlights
DRIVE-THRU GOLDEN CHICK IN MIDLAND TEXAS: REGIONAL BRAND WITH MORE THAN 217 LOCATIONS IN THE LONE STAR STATE
15 YEAR LEASE TERM WITH 10% RENTAL INCREASES | MIDLAND-ODESSA TX: FASTEST GROWING METRO IN TEXAS
ABSOLUTE NNN LEASE: ULTIMATE EASE OF MANAGEMENT FOR INVESTOR
FEE SIMPLE INTEREST IN NEWLY CONSTRUCTED QSR ASSET: DEPRECIATION & OWNERSHIP ADVANTAGES
EXCELLENT DEMOGRAPHICS: AFFLUENT & DENSE POPULATION | PRIME VISIBILITY AND ACCESS OFF BIG SPRING ST (+23,200 VPD)
PROVEN & EXPERIENCED MULTI-UNIT OPERATOR
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?

















