Chicken Express

Chicken Express

Dallas, TX

Dallas, TX

Chicken Express

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Chicken Express in Dallas, TX. The property consists of a 3,096-square-foot, freestanding building that sits on approximately 0.79 acres of land. There are 15 years remaining on the lease with 10% rental increases every 5 years.

Price $2,910,000
Cap Rate 5.50%
Building Size 3,096 sqft
Lot Size 0.79 acres
Year Built 2014
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • New 15-Year Absolute Net Lease – 10 Percent Rental Escalations Every Five Years
  • Signalized Hard Corner Location on Lemmon Avenue and Inwood Road (69,597 Vehicles per Day)
  • Outparcel to The Home Depot, Strategically Surrounded by Leading Auto Dealerships Including Sewell Automotive, Mercedes Benz, and Other Premium Brands
  • Prime Infill Location: More Than 369,998 Residents and 835,324 Daytime Employees Within a 5-Mile Radius
  • Less Than a Mile From Award-Winning Dallas Love Field – Nearly 18 Million Passengers in 2024 and Home to Southwest Airlines HQ
  • Second-Largest Operator in the System (26 Units) With Strong Reported Sales and a Healthy Royalty-to-Sales Ratio
  • DFW Ranked Among the Fastest-Growing QSR Markets in the U.S.

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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