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2416 US-79 Henderson, TX 75654

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For Sale
$5,918,000

NNN leased Chick-fil-A in Henderson, TX with drive-thru.

Type:Retail
Property size:
4,991 SF
Added:
Mar 14, 2023
Days on Market:
1115
Last Refresh:
Mar 17 at 1:24 pm

Property Features for 2416 US-79

General Information

Standard status
Active
Size
4,991 SF
Property subtype
Retail

Building Details

Year Built
2022

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Listing Contact
Patrick R. Luther, CCIM

Listing agent Patrick R. Luther, CCIM License #CA License No. 01912215

Listing office SRS Real Estate Partners Newport Beach

Listing date Mar 14, 2023

Source Crexi

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 SRS Real Estate Partners Newport Beach


Overview

Drive-Thru Chick-fil-A Investment Property

This is an absolute NNN leased, drive-thru equipped, Chick-fil-A investment property located in Henderson, Texas. The tenant, Chick-fil-A, Inc recently signed a brand new 15 year lease with 13 (5-year) options to extend. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is absolute NNN with zero landlord responsibilities. The Chick-fil-A is located near the signalized, hard corner intersection of Highway 79 and S Evenside St with a combined 17,700 vehicles passing by daily. The asset is complete with a drive-thru. The Chick-fil-A property is located in a fast food retail corridor that also features national/credit tenants including McDonald’s, Panda Express, and Sonic pads. The property is located across the street from Henderson Plaza, a 118,000 square foot Kroger grocery anchored center. In addition, Chick-fil-A is in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, Lowe’s Home Improvement, CVS Pharmacy, Walgreens, Dollar Tree, and more. The 5-mile trade area is supported by a population of over 18,500. Residents within a 1-mile radius boast an affluent average household income of $97,598. The property size is 4,991 square feet.
Location Intelligence

Current Use by Public Records

Drive through restaurants

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

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  • Local Demand
City
Henderson
County
Rusk
State
Texas
Longitude
-94.807366
Latitude
32.1311

FAQs

What type of property is this?
Drive through restaurant - NNN leased Chick-fil-A in Henderson, TX with drive-thru.
Where is this drive through restaurant located?
The property is located at 2416 US-79 Henderson, TX.
What is the asking price?
The asking price for this property is $5,918,000.
What are key features of this property?
This property features: Absolute NNN lease offers a management‑free investment; Brand new 15‑year lease with Chick‑fil‑A, Inc., plus thirteen 5‑year options; Features 10% rental increases every 5 years, providing growing NOI
More about this property
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