1112 W Washington St
Stephenville, TX 76401
Golden Chick · Retail Property For Sale

ABSOLUTE NNN WITH INCREASES Perfect for out of state – investors The tenant operates under an absolute NNN lease and pays for CAM, taxes, insurance, maintenance, repairs, and replacements to the building. Attractive Rent Increases – Increases Annual 1.5% increases in the rent Ideal 1031 Exchange Property – Ideal asset for a long term investment with secure cash flow. LOCATION HIGHLIGHTS Tremendous growth from 2010-2017 and projected for continued growth over next 5 years 1 Mile Radius 30.43% 2 Mile Radius 22.68% 3 Mile Radius 20.90% Located directly next to Tarleton State University (part of the Texas A&M system) Recently announced Division I school Student Population has grown to 13,226 students. Notable Tenants Nearby Include HEB, Walgreens, CVS, McDonald’s, Subway, Chick-fil-A, Dairy Queen, Little Caesars Pizza, Scholotzsky’s, Pizza Hut. Located within 1 mile of 15 Apartments that house many of the students that attend Tarleton State University. This location provides a viable location to the students and residents who live near this Golden Chick. TENANT Proven Operator with multiple locations and is currently expanding The lease is guaranteed by the operator. No landlord responsibilities.