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Chick Fil A 3800 Washington Ave 2,295 SF 100% Leased 4-Star Retail Building Houston, TX 77007 $11,625,000 ($5,065.36/SF) 4% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New Prototype Chick-fil-A with Rare 3-Lane Drive-Thru
- Located on the Corner of Two Signalized Intersections and Surrounded by Three Streets
- Brand New Construction, 15-Year Ground Lease
EXECUTIVE SUMMARY
--Prime Retail Location
-A True Trophy-Level Property Located Only 2 Miles from Downtown Houston
-Located One Block Away from Walmart and H-E-B
-Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Target, Sprouts, The Home Depot, Kroger, PetSmart and Many More
-Affluent Area with the Average Household Income Exceeding $151,000 Within 1 Mile
-Extremely High Density with Over 204,000 Residents Within 3 Miles
-High Employment Area with a Daytime Population Exceeding 1,000,000 Within 5 Miles
--Strong Corporate Guarantee
-Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market
-Chick-fil-A Annual Sales Revenue in 2024 was $22.7 Billion
-Chick-fil-A is Ranked as the #1 Performing Chicken Restaurant in the Country
-Scheduled 10% Rental Increases Throughout the Initial Term Provide for an Excellent Hedge Against Inflation
Broker of Record: Tim Speck – License: #9002994 – 5001 Spring Valley Road, Suite 1100W, Dallas, TX 75244
-A True Trophy-Level Property Located Only 2 Miles from Downtown Houston
-Located One Block Away from Walmart and H-E-B
-Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Target, Sprouts, The Home Depot, Kroger, PetSmart and Many More
-Affluent Area with the Average Household Income Exceeding $151,000 Within 1 Mile
-Extremely High Density with Over 204,000 Residents Within 3 Miles
-High Employment Area with a Daytime Population Exceeding 1,000,000 Within 5 Miles
--Strong Corporate Guarantee
-Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market
-Chick-fil-A Annual Sales Revenue in 2024 was $22.7 Billion
-Chick-fil-A is Ranked as the #1 Performing Chicken Restaurant in the Country
-Scheduled 10% Rental Increases Throughout the Initial Term Provide for an Excellent Hedge Against Inflation
Broker of Record: Tim Speck – License: #9002994 – 5001 Spring Valley Road, Suite 1100W, Dallas, TX 75244
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,295 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$11,625,000
Price Per SF
$5,065.36
Cap Rate
4%
NOI
$465,000
Percent Leased
100%
Building Height
1 Story
AMENITIES
- Restaurant
- Drive Thru
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
1 of 8
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Chick Fil A | 3800 Washington Ave
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