Chick-fil-A | Tyler – S SW Loop 323 & Earl Campbell Pkwy
Highlights
- Brand New 2024 Construction (Est. Q4 2024 opening) with a 15-Year Corporate Ground Lease from Chick-Fil-A.
- Most coveted and recession resistant single-tenant net lease investments backed by the Chick-Fil-A corporate guarantee – $18.8 Billion in Annual Revenue in 2023 and 3,000+ locations in 48 states.
- Fantastic oversized +/- 2.53 AC pad at the hard NWC of the lighted intersection at SW Loop 323 & Earl Campbell Parkway in Tyler, Texas.
- 10.00% rent escalations every 5-years throughout the primary and option terms, providing new ownership steady revenue growth and a hedge against inflation.
- Zero Landlord Responsibilities and Income Tax Free State – Perfect for both sophisticated, passive and 1031 investors seeking stability.
- Latest state-of-the-art design with a +/- 4,500 SF Stand Alone Building and dual drive-thru lanes.
- Strategic location at the entrance of the new Bellwood master-planned community by Provident Realty Advisors – a +/- 543 acre mixed-use mecca that will include a Brookshires anchored retail hub, as well as 80 AC of multi-family, 230 AC of single-family homes, 86 AC of senior living / active adult living, 28 AC of flex office space and 50 AC of specialty commercial.
- Chick-Fil-A also sits at the entrance of the new Sam’s Club, one of the nation’s top performing locations. Other major traffic generators include: Tyler Junior College (+/- 12,114 students) and Fresenius medical across the street.
Description
DB2RE INVESTMENT SALES is proud to present the rare opportunity to access the high-growth / high-barrier Tyler, TX market by acquiring the Chick-Fil-A (the “Property”) located at the hard NWC of SW Loop 323 & Earl Campbell Pkwy, the primary lighted intersection in the market. Scheduled for completion Q4 2024, investors will enjoy a brand new 15-year Ground Lease with ten (10) 5-year renewal options and contractual rent escalations of 10.00% every 5-years throughout the primary and option terms. Guaranteed by Chick-Fil-A corporate (2023 est. revenue of $18.8 Billion), this ground lease is a recession resistant investment ideal for passive and/or 1031 investors seeking unparalleled stability. Long-term, the Property not only benefits from its strategic main and main location, its situated at the entrance of the new Bellwood development, Tyler’s largest mixed-use / master-planned community. Chick-Fil-A will enjoy unmatched visibility and access to over 80 AC of multi-family residences, 230 AC of single-family homes and 164 AC of additional living and commercial uses upon completion.
Shadow to both Brookshire’s and Sam’s Club, as well as directly across the street from Tyler Junior College (12,114 students) and Fresenius Medical center, being at the center of these major traffic generators provides new ownership increased stability for generations to come. Even more importantly, with zero landlord responsibilities required of ownership and with Texas being an income tax free state, the Property provides potential investors an extremely rare financial / tax shelter with a built-in hedge against today’s inflation that even the most passive investors can enjoy with ease.
Location
1873 S SW Loop 323, Tyler, TX 75701
Chick-fil-A | Tyler – S SW Loop 323 & Earl Campbell Pkwy
1873 S SW Loop 323, Tyler, Smith County, Texas 75701