Listed by Secure Net Lease
$3,494,000
Chick-fil-A
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 5,362
Cap Rate 4.15%
NOI $145,000
Tenancy Single
Brand/Tenant Chick-fil-A
Lease Term 15.1
Lease Expiration 11/30/2039
Remaining Term 13.6
Rent Bumps Yes
Lease Options (8) 5-Year Renewal Options
Year Built 2025
Buildings 1
Stories 1
Acreage 1.650
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/07/2024
Ground Lease Yes
4.15% CAP | Near Institutional and Regional Traffic Drivers
Marketing description
- Rent Commencement: November 7, 2024
- Brand New 15-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years in both the Primary Term and (8) 5-Year Renewal Options
- High-Visibility Regional Corridor Positioned at I-2/Expressway 83 & FM 493, with 132,801+ Vehicles Per Day providing strong signage exposure and easy access
- Anchored Power Center Location Within the ±200,000 SF “Shops at 493,” co-anchored by Walmart Supercenter, Burlington, Ross, DD’s Discounts, PetSmart, Five Below, and ULTA
- Institutional and Regional Traffic Drivers Donna ISD (21 Schools; 13,000+ Students; 2,358 Employees) and Donna-Rio Bravo International Bridge (3.5M+ Annual Crossings) generate consistent weekday and cross-border demand
- Premier QSR Tenant Strength Chick-fil-A operates 3,100+ restaurants nationwide, with industry-leading ~$9.3M AUV and ranked #1 in U.S. customer satisfaction for 11 consecutive years
- McAllen–Edinburg–Mission MSA Growth Donna is part of a metro exceeding 870,000 residents, supported by $17.5B+ in retail sales and robust cross-border trade with Mexico
Investment highlights
- Rent Commencement: November 2024
- 15-Year Absolute NNN Ground Lease with 10% increases
- 132,801+ VPD at I-2/Expressway 83 & FM 493
- Shops At 493 Anchored By Walmart, Burlington, Ross, and ULTA
- 3.5M+ Annual Crossings at Donna-Rio Bravo International Bridge
Listing Contacts
Listed by Secure Net Lease
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$145,000.00
$12,083.33/mo
Valuation Metrics
0
DSCR
4.15%
Cap Rate
4.15%
ROI
Map
Zoning
B2 CommercialGeneral CommercialGeneral Business
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View all 57 uses Last updated Jan 6, 2026 For deeper zoning details, reports are available at Zoneomics
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