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    OFF-MARKET
    Retail properties & Spaces

    2416 Us-79, Henderson, TX 75654

    4,991 SF 1.87 ac lot Built 2022
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fee-simple interest in a brand-new, 4,991 square foot Chick-fil-A restaurant in Henderson, Texas. Built in 2022, this property boasts a 15-year absolute NNN lease with 13 five-year renewal options, ensuring long-term stability and predictable income. The lease includes a 10% rent increase every five years, providing built-in protection against inflation. Located on a 1.87-acre lot at the signalized intersection of US-79 and S Evenside St, this high-traffic location benefits from approximately 17,700 vehicles passing daily. The property features 72 parking spaces and a convenient drive-thru. The strong tenant, Chick-fil-A, is backed by a corporate guarantee. This property is situated in a thriving retail corridor with other national tenants, including McDonald's, Panda Express, Sonic, Walmart Supercenter, Lowe's, CVS, Walgreens, and Dollar Tree, further enhancing its appeal and drawing significant consumer traffic. The property's location is also across from Henderson Plaza, a 118,000 square foot Kroger-anchored center. The 5-mile trade area boasts a population exceeding 18,500, with an affluent average household income of $97,598 within a 1-mile radius. The property's current NOI is $287,000, representing a 4.50% cap rate on the $6,378,000 asking price. The property is zoned C2: General Commercial. This is a rare opportunity to acquire a depreciable asset with minimal landlord responsibilities, offering a compelling investment with significant long-term growth potential.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2022
    Total area 4,991 SF
    Lot 1.87 ac (81,457 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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