Absolute NNN Restaurant
4601 Clear Creek Rd Killeen, TX 76549
4601 Clear Creek Rd, Killeen, TX, 76549
$2,634,000
For Sale
$2,634,000
Fee simple ownership is leased to Golden Chick under an absolute NNN structure with zero landlord responsibilities.
Days on Market100
Property Features for 4601 Clear Creek Rd
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2022
Listing agency
(213) 905-0843
Listed by
Dale Robbins
(213) 905-0843
Source
Srsre
Added: Apr 13 Updated: Jul 20 at 8:30PM Checked: Jul 21 at 2:59AM
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 Dale Robbins
Investment Insights
Based on property information with market context.
SRS National Net Lease is pleased to offer the fee simple acquisition opportunity of a Golden Chick restaurant and land investment property. The lease is described as absolute NNN, with zero landlord responsibilities.
The tenant, Golden Chick, recently signed a brand new 20-year lease with four (4) five-year options to extend, reflecting long-term commitment to the site. The lease provides for 10% rental increases every five years throughout the initial term and at the beginning of each option period.
This investment is presented as an absolute NNN leased property with land and building ownership included in the fee simple offering.
The tenant, Golden Chick, recently signed a brand new 20-year lease with four (4) five-year options to extend, reflecting long-term commitment to the site. The lease provides for 10% rental increases every five years throughout the initial term and at the beginning of each option period.
This investment is presented as an absolute NNN leased property with land and building ownership included in the fee simple offering.
Key Highlights
- Fee simple land & building ownership leased to Golden Chick under an absolute NNN structure
- Tenant Golden Chick signed a new 20‑year lease with 4 (5‑year) extension options
- 10% rental increases every 5 years during the initial term and at the start of each option period
Property Analytics
Location Intelligence
Current Use by Public Records
Golden Chick
Food Market
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Fee simple ownership is leased to Golden Chick under an absolute NNN structure with zero landlord responsibilities.
Where is this nnn property located?
The property is located at 4601 Clear Creek Rd Killeen, TX.
What is the asking price?
The asking price for this property is $2,634,000.
What are key features of this property?
This property features: Fee simple land & building ownership leased to Golden Chick under an absolute NNN structure; Tenant Golden Chick signed a new 20‑year lease with 4 (5‑year) extension options; 10% rental increases every 5 years during the initial term and at the start of each option period
