Church’s Chicken

13530 Highway 6, Santa Fe, TX
$1,077,592 · 6.00% CAP · 16 Yr. Lease · Single Tenant Net Lease
Available

Location

13530 Highway 6, Santa Fe, TX

PRICE: $1,077,592
CAP RATE: 6.00%
NET OPERATING INCOME: $64,655
SQUARE-FOOTAGE: 1,739
LOT SIZE: 0.74 AC
MARKET: GALVESTON

This is the rare opportunity to purchase a new 16 year absolute NNN leased Church’s Chicken in Santa Fe, Texas. The NNN lease provides for zero landlord obligations and calls for 1.5% annual increases in rent. The operator is Royal Texas, a strong and experienced franchisee with 110 units. The lease is guaranteed by a 56 unit entity. This asset is being offered as part of a portfolio and additional locations are available.

Santa Fe is a city in Galveston County, Texas. It is named for the Santa Fe Railroad which runs through the town alongside State Highway 6. The population of Santa Fe at the 2010 census was 12,222. The population density was 682.5 people per square mile. There were 4,957 housing units at an average density of 289.2 per square mile. Locals refer to their town as “The Fe.

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Presented By

Jacob Abusharkh

Managing Director

415.269.2474
925.406.0813
BRE# 01385529

Jacob Abusharkh is the Managing Director and co-founder of The Kase Group (TKG). Jacob helped in the founding of TKG in 2006. TKG specializes in the sale of single and multi-tenant net leased retail and industrial assets across the country...