Washington, DC - Church's Chicken

Description:

Enterprise Zone Investment | NNN QSR
• Opportunity to acquire NNN Investment real estate – Tenant is Church’s Chicken with store sales well above the national average
• More than 12 years remaining on the 15-year lease term with 1 (5-year) option period to extend
• 3% annual rent increases
• Located in the heart of a dense retail trade area
• Enterprise zones offer a variety of tax incentives
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
• Tenant pays for CAM, taxes, and insurance
• No landlord responsibilities
• Ideal, management-free investment for a passive investor
• Personal guarantee of lease from operators

Along Major Thoroughfare | State Highway 295 | Excellent Visibility and Access
• Site is positioned along Minnesota Ave. NE, a major thoroughfare traveling throughout Washington D.C, averaging 21,000 vehicles passing by daily
• Approximately 0.5 miles away from the on/off ramps to State Highway 295, with over 115,000 vehicles passing by daily
• Clear monument signage providing excellent store visibility
• Site benefits from multiple points of ingress/egress
Dense Retail Corridor | Strong National/Credit Tenants
• Nearby national/credit tenants include McDonald’s, Safeway, CVS, Dollar Tree, and more
• Strong tenant synergy increases consumer draw to the trade area and promotes crossover shopping to the subject property
Strong Demographics in 5-Mile Trade Area
• More than 651,000 residents and 576,000 employees support the trade area
• $110,759 average household income

---

Report Listing This listing was syndicated through:

Listing ID: a288X0000066EjkQAE