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Chicken Express - Fort Worth, TX 7113 Boat Club Rd 2,977 SF Retail Building Fort Worth, TX 76179 $3,857,280 CAD ($1,295.69 CAD/SF) 6% Cap Rate
Investment Highlights
- New 15-year Absolute Triple Net (NNN) sale-leaseback with no landlord responsibilities, providing passive ownership and predictable long-term income.
- Operated by Brohon, Inc., an experienced Chicken Express franchisee with more than 23 years of operating history within the brand.
- ~62,920 residents live within 3 miles of the property and 128,668 within 5 miles, with an average household income of ~$121,500 within 3 miles.
- 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.
- The property sits within Eagle Mountain-Saginaw ISD, a fast-growth district serving more than 24,000 students across 31 campuses in northwest Tarrant.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 2,977 SF Chicken Express located at 7113 Boat Club Road in Fort Worth, TX. This investment features a new 15-year Absolute Triple Net (NNN) sale-leaseback with zero landlord responsibilities and 10% rent escalations every 5 years, providing predictable long-term income and built-in inflation protection. Operated by Brohon, Inc., an experienced Chicken Express franchisee with more than 23 years of operating history, the property benefits from strong historical store performance and a favorable rent-to-sales profile.
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
2,977 SF
Building Class
C
Year Built
2016
Price
$3,857,280 CAD
Price Per SF
$1,295.69 CAD
Cap Rate
6%
NOI
$231,437 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.83 AC
Zoning
Neighborhood Commercial - Neighborhood Commercial
Parking
43 Spaces (14.44 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Chicken Express
- Accommodation and Food Services
- 2,977 SF
- $77.74 CAD
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Chicken Express | Accommodation and Food Services | 2,977 SF | $77.74 CAD | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 42094672 | Improvements Assessment | $981,639 CAD |
| Land Assessment | $598,885 CAD | Total Assessment | $1,580,524 CAD |
Property Taxes
Parcel Number
42094672
Land Assessment
$598,885 CAD
Improvements Assessment
$981,639 CAD
Total Assessment
$1,580,524 CAD
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Chicken Express - Fort Worth, TX | 7113 Boat Club Rd
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