Chick-Fil-A | GL Alvin, Texas

Alvin, Texas

Price: $2,875,000
Cap Rate: 4.00%
NOI: $115,000
Building Size: Approx. 4,988 Sq. Ft.
Lot Size: Approx. 1.7366 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2020

Investment Overview

  • 2020 Construction 4,988+/- SF Building on 1.7366 +/- Acre Site
  • 15-year Corporate Ground Lease with 10% rent increases
  • Strategically located off East Highway 6 which has approximately 22,500 vehicles passing daily
  • Less than a mile away is the Walmart Supercenter of Alvin that has approximately 10,000 visitors each week
  • Alvin, TX is located 25-miles Southeast of Houston, TX
  • Greater Houston (MSA) | 5th largest MSA in the U.S. | Population 7M+