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3000 College Ave 2,039 SF Retail Building Snyder, TX 79549 $2,200,000 ($1,078.96/SF) 4.18% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease with 17 years left & 3(5 year) options
  • Zero landlord responsibilities
  • Tenant owns multiple locations with a personal guarantee

EXECUTIVE SUMMARY

This offering presents the opportunity to acquire a Golden Chick restaurant located in Snyder, a stable West Texas trade area supported by energy, education, and regional commerce.
The property is positioned along a high-visibility commercial corridor, benefiting from strong daily traffic counts and convenient access to surrounding residential neighborhoods, retail nodes, and employment centers. Golden Chick is a well-established, Texas-based quick-service brand with decades of operating history and a loyal customer base, providing investors with durable cash flow and long-term brand relevance.
The asset features a freestanding building with drive-thru, purpose-built for QSR operations, and is operated under a long-term, triple-net (NNN) lease structure, minimizing landlord responsibilities and delivering predictable, passive income. The lease is supported by a seasoned operator and offers built-in rent escalations, providing a hedge against inflation and long-term income growth.
Snyder serves as a regional hub for Scurry County, anchored by the energy sector, healthcare, and higher education, including Western Texas College. The area’s steady employment base and limited supply of institutional-grade net-lease assets make this offering particularly attractive for investors seeking stable yield with minimal management intensity.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Retail
Building Size
2,039 SF
Building Class
B
Year Built
2021
Price
$2,200,000
Price Per SF
$1,078.96
Cap Rate
4.18%
NOI
$91,960
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
7.95 AC

AMENITIES

  • Corner Lot

NEARBY MAJOR RETAILERS

Prosperity Bank
b1Bank
United Supermarkets
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
211748
Land Assessment
$250,713
Improvements Assessment
$923,672
Total Assessment
$1,174,385
  • Listing ID: 38910276

  • Date on Market: 12/27/2025

  • Last Updated:

  • Address: 3000 College Ave, Snyder, TX 79549

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