Hurst, TX - Slim Chickens
$3,484,000
1420 Precinct Line Rd, Hurst, TX 76053
6
Cap Rate
209,000
NOI
Details:
Description:
• Slim Chickens franchisee guaranteed lease
• Over 8 years remaining with 5 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• The subject property is an outparcel to a Super Target anchored center
• Approximately 1 mile from The Shops at North East Mall, with national/credit tenants including Best Buy, PetSmart, Ulta Beauty, Starbucks, Chipotle, Crumbl, Five Guys, and many more
• The asset is located just off of State Highway 121 & 183 which sees over 207,700 vehicles pass by daily
• The property is in the center of a primary retail corridor with other national/credit tenants such as a Walmart Supercenter, McDonald’s, Starbucks, Dunkin’, and more
• Strong tenant synergy promotes crossover shopping to the subject property
Location

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