Log In/Sign Up
Your email has been sent.
Slim Chickens 750 Union Pl 3,100 SF Retail Building Aubrey, TX 76227 $5,136,412 CAD ($1,656.91 CAD/SF) 6% Cap Rate
Investment Highlights
- Brand-new 15-year absolute net lease in the Dallas-Fort Worth MSA
- 2023 build-to-suit construction with drive-thru
- Franchisee and personal guaranties – ten-figure net worth for the personal guarantor
- 7.5% rental increases every 5 years during the primary term and option periods
- High visibility on heavily trafficked retail thoroughfare – 38,000+ VPD
- Explosive growth submarket – estimated 22-25% population growth within a 1, 3, and 5-mile radius of the subject property over the next 5 years
Executive Summary
Brand-new 15-year absolute net lease featuring 7.5% rental increases every 5 years and five, 5-year extension options. The tenant is a growing Slim Chickens franchisee currently operating 8 locations between San Antonio and Austin with a development agreement in place for over 45 total units.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,100 SF
Building Class
B
Year Built
2023
Price
$5,136,412 CAD
Price Per SF
$1,656.91 CAD
Cap Rate
6%
NOI
$308,185 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.10 AC
Parking
31 Spaces (10 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R1009895 | Improvements Assessment | $1,176,282 CAD |
| Land Assessment | $1,974,718 CAD | Total Assessment | $3,151,000 CAD |
Property Taxes
Parcel Number
R1009895
Land Assessment
$1,974,718 CAD
Improvements Assessment
$1,176,282 CAD
Total Assessment
$3,151,000 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Slim Chickens | 750 Union Pl
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.