Buda, TX - Chick-fil-A

Description:

• The tenant recently signed a brand new 20-year lease with 6 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation

• The subject property is strategically located on FM 1626, which sees an average of over 25,200 vehicles passing by daily
• The site is in the center of a primary retail corridor with other nearby national/credit tenants including McDonald’s, Starbucks, Sonic, O’Reilly Auto Parts, Dollar General, and more, further increasing consumer traffic to the site
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site

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Listing ID: a28TP000001eBSPYA2