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Church's Texas Chicken 2407 N Main St 919 SF Retail Building Roswell, NM 88201 $1,653,768 CAD ($1,799.53 CAD/SF) 5% Cap Rate
Investment Highlights
- Brand New 10 Year Net Lease Church’s Chicken - Grand Opening Soon
- Strong Multi-Unit Franchisee Lease Guarantee - NITU Group (100+ Locations)
- Located in Famous City of Roswell (Area 51) - Strong Military & Agriculture Base
- High Profile Location - Heart of Retail Corridor - Across from Home Depot/Target
- Rare Price Point and Rent for National NNN Retail Brand - Includes a Drivethru
- Brand New 2026 Prototype Renovation with Drivethru - Replaceable Rents
Executive Summary
The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire the single tenant net leased Church’s Texas Chicken in Roswell, NM. Church’s Chicken has been in business for 74 years, operates over 1,450 restaurants across 23 countries and generated over $1.6 billion in U.S. sales in 2024. The asset is subject to a new 10-year lease with three 5-year option periods and limited landlord responsibilities. In both primary term and option periods the rent is scheduled to increase by $6,000 every 5 years providing inflation-resistant cash flows for years to come.
The 919 SF QSR building with drive-thru on 0.28-acre parcel is positioned along Roswell’s busiest thoroughfare (Over 27,500 VPD) and is opposite the Home Depot. Nearby retailers include Target, Farmers Country Market, Walgreens, 7-Eleven, AutoZone, Ace Hardware, Dollar General, Wells Fargo, Starbucks, Popeyes, Whataburger, Taco Bell, Red Lobster, Applebee’s and more.
The 919 SF QSR building with drive-thru on 0.28-acre parcel is positioned along Roswell’s busiest thoroughfare (Over 27,500 VPD) and is opposite the Home Depot. Nearby retailers include Target, Farmers Country Market, Walgreens, 7-Eleven, AutoZone, Ace Hardware, Dollar General, Wells Fargo, Starbucks, Popeyes, Whataburger, Taco Bell, Red Lobster, Applebee’s and more.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
919 SF
Building Class
B
Year Built
2002
Price
$1,653,768 CAD
Price Per SF
$1,799.53 CAD
Cap Rate
5%
NOI
$82,688 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.28 AC
Zoning
C-2
Frontage
19’ on N Main St
Amenities
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R004066 | Improvements Assessment | $120,765 CAD |
| Land Assessment | $31,927 CAD | Total Assessment | $152,692 CAD |
Property Taxes
Parcel Number
R004066
Land Assessment
$31,927 CAD
Improvements Assessment
$120,765 CAD
Total Assessment
$152,692 CAD
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Church's Texas Chicken | 2407 N Main St
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