Chick-fil-A
Retail | 3.85% CAP | 5,007 SqFt
Marketing description
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased Chick-fil-A investment property located in Cypress, Texas. The tenant, Chick-fil-A, has approximately 13 years remaining on their lease with 10 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases every five years throughout the initial term and at the beginning of each option period, providing steady NOI growth and a hedge against inflation. The lease is structured as absolute NNN with zero landlord responsibilities, as the tenant pays for CAM, taxes, insurance, and maintains all aspects of the premises, making it an ideal, management-free investment for a passive investor.
Investment highlights
- Corporate Guaranteed Ground Lease | Options To Extend | Scheduled Rental Increases
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Across From HEB Anchored Center | Primary Retail Corridor
- Strong Demographics In 5-Mile Trade Area
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
