site-logo

Church’s Chicken

1025 South Fort Hood Street, Killeen, TX, USA
$1,904,762 5.25% Cap 1,949 sq ft Built 2020 Actual Site Photo Print This Page

Location

1025 South Fort Hood Street, Killeen, TX, USA

Price: $1,904,762
Cap Rate: 5.25%
Net Operating Income: $100,000
Square Footage: 1,949
Year Built: 2020

100% Fee Simple InterestAbsolute NNN LeaseIncome Tax Free StateLocated on a Major Commercial ThoroughfareNew ConstructionScheduled IncreasesStrong and Experienced OperatorSurrounded by Major RetailersZero Landlord Obligations

The Kase Group is pleased to present the rare opportunity to acquire an absolute NNN Church’s Chicken in Killeen, Texas. The long-term lease features 7.5% increases every 5 years in the initial term and during the option terms and is absolute NNN with zero landlord responsibilities. This is a brand new location subject to a 20 year lease.

The site benefits from a strategically located position with nearby retailers including McDonald’s, Burger King, Conn’s, Starbucks, Big Lots, Wendy’s, IHOP, Taco Bell, 7-Eleven and many more.

Greater Killeen has a population, based on the 2000 Census, of 135,824. It is a rapidly growing area and is home to Central Texas College, Tarleton State University’ s Central Texas Campus and the 217,000 acre Fort Hood, the largest military base in the United States. Downtown Killeen is bordered by Rancier Avenue, listed on the the National Register for historic places. The area has been recognized for its historical and architectural significance to the city and country.

download offering memorandum

    I am a PrincipalI am a Broker



    presented by

    Robert Walker Director View profile
    Kase Abusharkh Founding Principal View profile

    Contact Broker




      Recent Closings

      View Our Recent Closings