3809 1St StAbilene, TX 79603

This exceptional investment opportunity presents a fee-simple ownership of a Golden Chick restaurant located at 3809 N 1st St, Abilene, TX 79603. The property boasts a 2,800 square foot building constructed in 2017 and situated on a 0.861-acre lot. The property benefits from a prominent location on a main thoroughfare, approximately six miles from Dyess AFB, and features a hard-signalized corner. The current tenant operates under a 15-year absolute NNN lease, providing significant stability and predictable cash flow. The lease includes a 10% rent increase every five years, ensuring future income growth. The property's strong performance is evidenced by its current 100% occupancy and a substantial net operating income (NOI) of $168,000, resulting in an attractive 6.25% cap rate. The lease also includes four 5-year renewal options, further enhancing the long-term value of this investment. This single-tenant, franchisee-operated property offers a compelling combination of strong tenant credit, a prime location, and a secure, long-term lease, making it an ideal addition to any diversified real estate portfolio. The asking price is $2,688,000.