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Investment Highlights

  • Franchisee Guaranteed Lease | Options To Extend | Scheduled Rental Increases
  • Outparcel to Target Anchored Center | Shops at North East Mall | State Highway 121 & 183 (207,700 VPD)
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Demographics In 5-Mile Trade Area

Executive Summary

• Slim Chickens franchisee (4-unit operator) guaranteed lease
• Over 8 years remaining with 5 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,612 SF
Building Class
B
Year Built
2016
Price
$3,484,000
Price Per SF
$964.56
Cap Rate
6%
NOI
$209,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.10 AC
Zoning
GB - General Business District
Parking
57 Spaces (15.78 Spaces per 1,000 SF Leased)

Amenities

  • Freeway Visibility
  • Signage
  • Monument Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Slim Chickens began in 2003 in Fayetteville, Arkansas, and was founded by Greg Smart and Tom Gordon. The company started with a simple concept centered on hand-breaded chicken tenders made with fresh ingredients, and that approach still shapes the brand today. Slim Chickens operates as a fast-casual restaurant chain with a menu that includes tenders, wings, sandwiches, wraps, salads, chicken and waffles, sides, sweets, shakes, and catering. The company has expanded beyond its Arkansas roots into a broader restaurant network with locations in the United States and select international markets.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000
Moderately walkable
60/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Starbucks
Wells Fargo
Pei Wei
Outback Steakhouse
Hawaiian Bros Island Grill
Abuelo's Mexican Restaurant
Navy Federal Credit Union
Frost Bank
The Picklr
Bank of America

Property Taxes

Property Taxes

Parcel Number
42181419
Land Assessment
$575,736
Improvements Assessment
$794,889
Total Assessment
$1,370,625
  • Listing ID: 37141722

  • Date on Market: 8/6/2025

  • Last Updated:

  • Address: 1420 Precinct Line Rd, Hurst, TX 76053

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