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500 E Commerce St
Brownwood, TX 76801
Chick-fil-A | 5.00 Cap Rate · Retail Property For Sale
Investment Highlights
- Chick-fil-A has been a tenant at this property since 2020 | Corporate Guaranty | Land & Building = Depreciation
- Lease Commencement Date - November 5, 2020 | Lease Expiration Date - November 30, 2035
- Zero Landlord Responsibilities | Tenant Pays Common Area Maintenance (CAM), Real Estate Taxes, and Insurance | Tenant Maintains Property
- New Fifteen (15) Year Lease | NOI $240,409 (As of 12/01/2025) | Ten (10) years remaining as of 12/01/2025
- Thirteen (13) Five (5) Year Options | Ten Percent (10%) Increases Every Five (5) Years | Absolute Triple Net (NNN) Lease
- Management Free Investment | Fee Simple Ownership | Texas Tax Free State
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,990 SF
Building Class
C
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.46 AC
Zoning
Commercial - Commercial
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 21933 | Improvements Assessment | $1,204,030 |
| Land Assessment | $635,110 | Total Assessment | $1,839,140 |
Property Taxes
Parcel Number
21933
Land Assessment
$635,110
Improvements Assessment
$1,204,030
Total Assessment
$1,839,140
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