Chick-fil-A NNN Property For Sale — Houston, TX
3800 Washington Ave, Houston, TX 77007
This is a rare opportunity to acquire a brand new prototype Chick-fil-A with a 3-lane drive-thru, situated on a ground lease. The property benefits from a prime retail location and robust corporate guarantee, making it an ideal asset for investors seeking a secure, long-term income stream with passive ownership responsibilities. Located just two miles from Downtown Houston, the site is surrounded by major retailers and boasts an affluent, high-density trade area. The lease features scheduled rental increases, providing an excellent hedge against inflation. This offering presents a true trophy-level asset in a highly desirable market.
- Address: 3800 Washington Ave, Houston, TX 77007
- Asking price $11.63M
- 4.00% cap rate
- NOI $465,000
- 14.4 years remaining
- NNN lease
- Building size: 2,700 SF
- Rent increases: 10% rental increases throughout the initial term
- Guarantor: Corporate
Location
This Chick-fil-A property is at 3800 Washington Ave in Houston, Texas.
Asset type: Restaurant