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714 E Main St
Allen, TX 75002
Chicken Express - Allen, TX · Retail Property For Sale
Investment Highlights
- New 15-year Absolute Triple Net (NNN) sale-leaseback with zero landlord responsibilities, providing passive ownership & predictable long-term income.
- Operated by Brohon, Inc., an experienced Chicken Express franchisee with more than 23 years of operating history within the brand.
- ~97,662 residents live within 3 miles of the property and 230,551 within 5 miles, with median household incomes of ~$125,200 and $116,100.
- Structured rent escalations of 10% every 5 years ensure strong long-term income growth.
- Rent was underwritten against actual unit-level operating results rather than set to maximize sale proceeds, producing a rent basis a buyer.
- The 5-mile population is projected to approach 263,000 by 2030, nearly 14% growth over 2025 levels. Allen's citywide population grew 8.4%.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 4,478 SF Chicken Express located at 714 E Main Street in Allen, TX. This offering features a new 15-year Absolute Triple Net (NNN) sale-leaseback, providing investors with a truly passive ownership opportunity and predictable, long-term income with no landlord responsibilities. The combination of a strong regional brand, long-term lease commitment, and minimal ownership obligations makes this an attractive investment opportunity.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
4,478 SF
Building Class
B
Year Built
2007
Price
$2,800,000
Price Per SF
$625.28
Cap Rate
6%
NOI
$168,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.31 AC
Zoning
PD - Planned Development
Parking
34 Spaces (7.59 Spaces per 1,000 SF Leased)
Frontage
283’ on E Main Street
Amenities
- Freeway Visibility
- Restaurant
- Signage
- Drive Thru
- Monument Signage
Property Taxes
| Parcel Number | R-8202-000-0030-1 | Improvements Assessment | $894,412 |
| Land Assessment | $597,155 | Total Assessment | $1,491,567 |
Property Taxes
Parcel Number
R-8202-000-0030-1
Land Assessment
$597,155
Improvements Assessment
$894,412
Total Assessment
$1,491,567
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