Golden Chick - Balch Springs, TX
Retail | 5.75% CAP | 1,170 SqFt
Marketing description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present for sale the single-tenant, drive-thru only Golden Chick located at 11932 Elam Road, Balch Springs, TX 75180 (the “Property” or “Asset”). Upon close, Golden Chick (the “Tenant”) will operate under a new 20-year absolute NNN lease with 1.50% annual rental escalations, four 5-year renewal options, and zero landlord responsibilities.
This offering presents investors with an exceptional opportunity to acquire an asset that provides secure, long-term cash flow, leased to a national brand with recognized growth in the thriving DFW Metroplex.
Investment highlights
Brand new 20 year absolute NNN lease with 1.5% annual rent escalations
Corporate guaranty from Golden Chick, one of the fastest growing brands in the U.S
This area features a dense population of over 251,000 and is conveniently located just 15 miles from downtown Dallas
Adjacent to the #4 most visited Home Depot in Texas with 1.3M visitors
20% population growth within one-mile since 2010 offers lucrative investment prospects in a rapidly expanding market
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