Golden Chick Texas 20 Yr NNN Sale Leaseback Portfolio — Sale in Ballinger, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Ballinger, TX 76821
Photos
Investment Figures
- Cap rate
- 7.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the exclusive opportunity to acquire a six-property Golden Chick portfolio located throughout Texas. The offering consists of six established restaurant locations that will be sold exclusively as a single portfolio and leased back under new 20-year absolute triple-net leases. The lease structure provides investors with long-term, passive income with zero landlord responsibilities, while contractual 2 percent annual rent increases provide consistent NOI growth and a durable inflation hedge throughout the initial lease terms. The portfolio is operated by an experienced multi-unit Golden Chick franchisee and backed by a parent company guarantee from M5 Enterprises. The six restaurants represent healthy-performing operating locations strategically positioned across established Texas trade areas. Importantly, the properties operate primarily in lower-competition markets, helping each restaurant serve an established local and regional customer base while limiting direct competition from other major chicken concepts. From an investment perspective, the portfolio provides immediate scale and geographic diversification through a single acquisition while maintaining exposure to six distinct Texas markets. The offering begins at a 7.00 percent capitalization rate, with annual contractual rent growth increasing the investor’s yield on original cost over the duration of the leases. By Year 20, the portfolio’s contractual yield on cost reaches approximately 10.20 percent, with an average annual yield of approximately 8.50 percent over the initial lease terms. Combining new 20-year absolute NNN leases, annual contractual income growth, established restaurant operations, limited local competition, a multi-unit operator and diversification across six Texas markets, the portfolio presents a compelling opportunity to acquire a scalable, passive restaurant real estate investment with durable long-term cash flow. Investment Highlights: • Six-Pro
Market Context
This food service in Ballinger, TX is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Ballinger, TX — view the full market.
Contact
- John Paine · (972) 755-5279 · john.paine@marcusmillichap.com
- Ford Roberts · (713) 239-0514 · ford.roberts@marcusmillichap.com
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