Six-Location NNN Restaurant
New
For Sale
Contact for pricing
1901 Hutchins Ave, Ballinger, TX 76821
Texas Golden Chick operations are grouped under long-term leases with no landlord obligations.
Property Size2,387 SF
Price / SF$3,846
Days on Market4
Property Features for 1901 Hutchins Ave
General Information
Standard status
Active
Size
2,387 SF
Property subtype
RETAIL
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Cap Rate
7%
Building Details
Buildings
6
Listing Agency:
Marcus & Millichap | Dallas
(972) 755-5200
Listed By:
Sam Noe · License #(S):TX:787590
(972) 755-5208
Source:
Moodyscre
Added: Oct 29
Changed: Oct 31
Last Checked: Oct 30 at 3:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Dallas
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The offering comprises six operating Golden Chick restaurant locations across Texas, available together as a single portfolio. Each site is leased under a 20-year absolute NNN agreement, with no landlord responsibilities and annual rent increases of 2% during the initial lease term.
The portfolio spans six Texas markets and is supported by an experienced multi-unit operator. Its stated day-one cap rate is 7.00%, with annual rent adjustments reflected in a projected year-20 yield on cost of 10.20%.
The portfolio spans six Texas markets and is supported by an experienced multi-unit operator. Its stated day-one cap rate is 7.00%, with annual rent adjustments reflected in a projected year-20 yield on cost of 10.20%.
Key Highlights
- Six operating Golden Chick locations across Texas, offered together as one portfolio
- New 20‑year absolute NNN leases with no landlord responsibilities
- Annual rent increases of 2% during the initial lease terms
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Dining 20%
Stripes
Shops & Services
17,035 visits/mo
0.0 miles
Golden Chick
Dining
4,375 visits/mo
0.1 miles
Demographics for 76821, TX
4,618
Population
2,180
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
266.0 sq mi
ZIP Area
17
Density / Sq Mi
$65,250
Median Household Income
$38,839
Median Earnings
$940
Median Rent
$104,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - Texas Golden Chick operations are grouped under long-term leases with no landlord obligations.
Where is this nnn property located?
The property is located at 1901 Hutchins Ave Ballinger, TX.
What is the asking price?
The asking price for this property is $9,181,345.
What are key features of this property?
This property features: Six operating Golden Chick locations across Texas, offered together as one portfolio; New 20‑year absolute NNN leases with no landlord responsibilities; Annual rent increases of 2% during the initial lease terms
