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Chicken Express - Allen, TX 714 E Main St 4,478 SF Retail Building Allen, TX 75002 $3,857,280 CAD ($861.38 CAD/SF) 6% Cap Rate
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
$3,857,280 CAD
Price Per SF
$861.38 CAD
Cap Rate
6%
NOI
$231,437 CAD
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
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Chicken Express
- Accommodation and Food Services
- 4,478 SF
- $51.69 CAD
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Chicken Express | Accommodation and Food Services | 4,478 SF | $51.69 CAD | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R-8202-000-0030-1 | Improvements Assessment | $1,232,142 CAD |
| Land Assessment | $822,641 CAD | Total Assessment | $2,054,783 CAD |
Property Taxes
Parcel Number
R-8202-000-0030-1
Land Assessment
$822,641 CAD
Improvements Assessment
$1,232,142 CAD
Total Assessment
$2,054,783 CAD
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Chicken Express - Allen, TX | 714 E Main St
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