Chick-fil-A Conroe, TX

10057 Texas 242
Conroe, TX

Price: $3,117,000
Cap Rate: 3.85%
NOI: $120,000
Building Size: Approx. 2,800 Sq. Ft.
Lot Size: Approx. 1.26 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2022

Investment Overview

  • 2022 Construction. 2,800+/- SF Building on 1.26+/- Acre Site
  • Brand New 15 Yr Absolute NNN Ground Lease w/ 10% Rental Increases
  • Excellent Hard Corner Location in Affluent Trade Area (37K VPD)
  • Strong Income Demos w/ an est. $133,965 within a 5-Mile Radius
  • New Construction Chick-fil-A Features 2 Drive-Thru Lanes
  • Chick-fil-A is the 3rd Largest Restaurant Chain in the US w/ Continued Growth
  • Conroe | Located 45-Miles South of Houston | Population: 98,000+