Chick-fil-A – Rare Triple Drive-Thru Location

3800 Washington Avenue, Houston, TX 77007

Property Description

Price: $11,625,000
Land Area: ±1.38 Acres
Cap Rate: 4.00%
Gross Leasable Area: ±2,700 Square Feet
Year Built: 2025

Investment Highlights

Brand New Prototype Chick-fil-A with Rare 3-Lane Drive-Thru

Brand New Construction, 15-Year Ground Lease

Located on the Corner of Two Signalized Intersections and Surrounded by Three Streets

Prime Retail Location

  • A True Trophy Level Property Located Only 2 Miles from Downtown Houston
  • Located One Block Away from Walmart and H-E-B
  • Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Target, Sprouts, The Home Depot, Kroger, PetSmart and Many More
  • Affluent Area with the Average Household Income Exceeding $151,000 Within 1 Mile
  • Extremely High Density with Over 204,000 Residents Within 3 Miles
  • High Employment Area with a Daytime Population Exceeding 1,000,000 Within 5 Miles

Strong Corporate Guarantee

  • Absolute NNN Property with Zero Landlord ResponsibilitiesIdeal for Investors Not Local to the Market
  • Chick-fil-A Annual Sales Revenue in 2024 was $22.7 Billion
  • Chick-fil-A is Ranked as the #1 Performing Chicken Restaurant in the Country
  • Scheduled 10% Rental Increases Throughout the Initial Term Provide for an Excellent Hedge Against Inflation

 

Broker of Record: Tim Speck – License: #9002994 – 5001 Spring Valley Road, Suite 1100W, Dallas, TX 75244

Contact Information

Craig Elster
Senior Director Investments
(949) 419-3223
[email protected]
License: CA 01958307

Ron Duong
Ron Duong
Senior Managing Director Investments
(949) 419-3233
[email protected]
License: CA 01438643

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