6765 Lake Worth Blvd Lake Worth, TX 76135
Absolute NNN leased Chicken Express in Lake Worth, Texas.
Property size:
3,290 SFLot size:
0.95 AcresProperty Features for 6765 Lake Worth Blvd
General Information
- Size
- 3,290 SF
- Lot size
- 0.95 Acres
Source:
Moodyscre
Listing Agent: Jake Prater
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Freestanding Chicken Express Investment Property
This is an opportunity to acquire a fee simple interest in a freestanding Chicken Express investment property in Lake Worth, Texas. The property includes an additional adjacent land parcel. The tenant, Chicken Express, will enter into a new 15-year absolute NNN lease at the close of escrow, with three 5-year options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The property is suitable for passive investors, offering a management-free investment opportunity. Chicken Express, Distribution (CEFS), is headquartered in Burleson, Texas, and has over 250 locations in Texas, Arkansas, Louisiana, and Oklahoma. The property is 3290 square feet.
Location Intelligence
Current Use by Public Records
Drive through restaurants
Location Insight
- Map
- Local Demand
- City
- Lake Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.4379875
- Latitude
- 32.8137939
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Absolute NNN leased Chicken Express in Lake Worth, Texas.
Where is this drive through restaurant located?
The property is located at 6765 Lake Worth Blvd Lake Worth, TX.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: - Absolute NNN Lease: Enjoy a completely passive investment with zero landlord responsibilities.; - Brand New 15-Year Lease: Secure a long-term income stream with a new lease in place at closing.; - Rental Increases: Benefit from 10% rental increases every 5 years, protecting against inflation.