Views: 0 DOM: 70 Updated: 10.03.23 Posted: 10.03.23 Status: Active


Price $3,200,000
Built/Renov 2022
Tenant Dave's Hot Chicken
Cap Rate 5.25%
Lease Type Abs NNN
Guarantor Franchisee
Size/SF 3,072
Lease Start 11-01-2023
#Units 1
Price/SF $1,041.67
Expiration 10-31-2038
Tenant Type Fast Food/QSR
NOI $168,000
R. Term 14.10
Ownership Fee Simple
Rent/SF $54.69
Increases 10.0%/5/yrs
Pop 5Mi 326,314
Lot/AC 0.59
Options 4/5yrs/10%
AHHI 5Mi $74,681

Lease Highlights

  • New 2022 construction
  • Dave’s Hot Chicken to sign a brand-new 15-year lease with 4 (5-year) options to extend at close of escrow
  • Lease features 10% rental increases every 5 years throughout the initial term and at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Franchisee guaranteed lease

Location Description

This 3,072 square foot Dave’s Hot Chicken is strategically located along South Cooper Street with access to 60,039 vehicles per day. The site is within close proximity to the on/off ramp of Interstate 20 Freeway (186,959 VPD) further increasing consumer traffic to the area. The tenant is adjacent to a Walmart Supercenter as well as Cooper Street Plaza, a shopping center anchored by The Home...



  • 1 Mile
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  • 5 Miles


  • Tenant: Dave's Hot Chicken
  • Guarantor:Franchisee
  • Company:Franchisee
  • # Units:1
  • Stock:Private

About Tenant

Dave’s Hot Chicken is an American fast casual restaurant chain specializing in Nashville-style hot chicken. Arman Oganesyan and best friend Chef Dave Kopushyan, along with brothers Tommy and Gary...



  1 Miles 3 Miles 5 Miles
2028 Total Population : 11,221 113,972 330,568
2023 Total Population : 10,550 112,402 327,369
2023 Employed Civilian Pop : 5,860 60,504 167,807
2023 Total Businesses : 745 4,184 9,924
2023 Average Household Income : $ 112,315 $ 104,362 $ 99,033
2023 Total Consumer Spending : $ 370 M $ 3561 M $ 9726 M
2023 Median Age : 38 36 35
2023 Total Households : 3,854 39,628 113,594
2023 Pop Age 25+: Bachelor's Degree : 2,075 19,511 50,716
2023 Average Home Value : $ 285,342 $ 298,230 $ 297,329
*ESRI data is presented for informational purposes only


Collection Street Cross Street Year Traffic Vol Distance
S Cooper St W Bardin Rd 2012 50,646 0.19 mi
Wimbledon Dr S Cooper St 2009 3,050 0.25 mi
W Bardin Rd S Cooper St 2009 12,040 0.26 mi
W Bardin Rd Mansfield Rd 2000 13,207 0.27 mi
W Bardin Rd S Cooper St 2004 1,810 0.28 mi
Mansfield Rd Wimbledon Oaks Ln 2009 4,520 0.30 mi
W Bardin Rd Americana 2004 12,820 0.31 mi
S Cooper St Deuce Dr 2000 44,429 0.35 mi
American Dr 2021 53,958 0.38 mi
Wimbledon Dr Wimbledon Ct 2012 2,050 0.42 mi

Listing Broker

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