Burleson, TX - Chick-fil-A
$4,250,000
100 E. Rendon Crowley Road, Burleson, TX 76028
4
Cap Rate
170,000
NOI
Details:
Description:
• The tenant, Chick-fil-A, Inc., recently signed a brand new 15-year lease with 8 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation
• The newly-constructed building will feature a state-of-the-art design and high quality materials
• The site is a relocation and expansion from across the freeway
• The subject property will be located just off Interstate 35 and Rendon Crowley Rd, which are commuter and retail thoroughfares averaging approximately 133,000 and 33,300 vehicles passing by daily
• Interstate 35 is a major north-south commuter thoroughfare serving the greater Dallas/Fort Worth metropolitan area
Location

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