3209 Forest Hill Cir, Forest Hill, TX

Listing agent Glen Kunofsky License #49KU1129178

Listing office NNN Pro Group g***@nnnpro.com Show Phone

Listing date Jan 6, 2025

Source Moodyscre

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Overview

This investment property is subject to a 20-year absolute triple net (NNN) lease at the close of escrow, offering zero landlord responsibilities. The lease features rental increases of 1.50% annually. The lease is backed by a corporate guarantee from the Golden Operating Corporation, which operates over 225 locations throughout the United States. Golden Chick has opened 11 locations this year, and plans to reach 500 locations by 2030. The property is located in Texas, which offers the advantage of no state income tax.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Forest Hill

County

Tarrant

State

Texas

Longitude

-97.2789

Latitude

32.6604

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FAQs

What type of property is this?

Drive through restaurant - 20-year NNN lease with annual increases and corporate guarantee.

Where is this drive through restaurant located?

The property is located at 3209 Forest Hill Cir Forest Hill, TX.

What is the asking price?

The asking price for this property is $2,410,915.

What are key features of this property?

This property features: Absolute Triple Net (NNN) Lease: Enjoy a 20‑year term with zero landlord responsibilities.; Strong Corporate Guarantee: Lease guaranteed by Golden Operating Corporation with over 225 locations.; Attractive Rental Increases: Benefit from 1.50% annual rental increases.