Golden Chick
Fort Worth, Texas
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NNN Pro Group is pleased to present the exclusive listing for a Golden Chick located at 8400 S. Freeway, Ft. Worth, TX. The site consists of roughly 2,020 rentable square feet of building space on estimated 0.91-acre parcel of land. This Golden Chick is subject to a 20-year absolute triple-net (NNN) lease, which commences at close of escrow. The current annual rent is $120,000 and is scheduled to increase by 1.50% annually throughout the base term and in each of the 4, 5-year renewal options.
✓ Brand New 20-Year Sale-Leaseback
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Corporate Guaranty from Golden Franchising Corporation, the Chain’s Franchisor
✓ Attractive Rental Increases | 1.5% Annually
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each