Views: 0 DOM: 118 Updated: 11.22.23 Posted: 08.15.23 Status: Active


Price $2,610,000
Built/Renov 1988
Tenant Golden Chick
Cap Rate 6.50%
Lease Type Abs NNN
Guarantor Franchisee
Size/SF 1,958
Lease Start 09-01-2022
#Units 16
Price/SF $1,332.99
Expiration 09-01-2042
Tenant Type Fast Casual/Rest.
NOI $169,680
R. Term 18.8
Ownership Fee Simple
Rent/SF $86.66
Increases 1.0%/1/yrs
Pop 5Mi 117,786
Lot/AC 0.63
Options 4/5yrs/1%
AHHI 5Mi $81,387

Lease Highlights

  • Golden Chicks recently signed a brand-new 20-year lease with 4 (5-year) options to extend
  • Lease features 1% annual rental increases throughout the initial term and during each option
  • Absolute NNN lease | Zero landlord responsibilities
  • Guarantee by SXThree LLC (16 units backed)

Location Description

Golden Chick is strategically located along Indian Trail Drive with clear visibility and access to an average of 13,800 vehicles passing by daily. The asset benefits from direct access onto Interstate 14 (74,500 VPD), making this an ideal and centralized location. The property is ideally situated within a dense retail corridor and is near Cielo Vista Shopping Center (254K+ SF), Killeen...



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  • Tenant: Golden Chick
  • Guarantor:Franchisee
  • Company:SXThree LLC
  • # Units:16
  • Stock:Private

About Tenant

Golden Chick, a fast casual restaurant franchisor that serves fried chicken is becoming one of the fastest growing restaurant brands in the U.S. The first Golden Chick restaurant opened in San...



  1 Miles 3 Miles 5 Miles
2028 Total Population : 9,244 60,851 124,796
2023 Total Population : 8,952 57,887 119,362
2023 Employed Civilian Pop : 4,247 25,031 48,553
2023 Total Businesses : 389 1,232 2,552
2023 Average Household Income : $ 69,469 $ 89,008 $ 79,234
2023 Total Consumer Spending : $ 206 M $ 1585 M $ 3077 M
2023 Median Age : 34 33 32
2023 Total Households : 3,403 20,587 44,589
2023 Pop Age 25+: Bachelor's Degree : 1,005 8,257 15,208
2023 Average Home Value : $ 191,379 $ 243,908 $ 244,711
*ESRI data is presented for informational purposes only


Collection Street Cross Street Year Traffic Vol Distance
Indian Trail Pan American Dr 2019 16,100 0.07 mi
Indian Trail Rattlesnake Rd 2021 13,984 0.07 mi
Indian Trail E Central Texas Expy 2020 13,846 0.07 mi
E Central Texas Expy Buffalo Dr 2012 2,057 0.21 mi
E Central Texas Expy Lookout Ridge Blvd 2012 2,604 0.21 mi
Indian Trail E Central Texas Expy 2020 9,910 0.26 mi
Frontier Trl S Central Texas Expy 2010 1,310 0.31 mi
Indian Trl Antelope Trl 2010 11,880 0.37 mi
Indian Oaks Dr Coronado Rd 2010 1,900 0.39 mi
Elk Trl Frontier Trl 2010 730 0.41 mi

Listing Broker

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