QSR with Drive-Thru Portfolio Sale Leaseback

Nine Property Portfolio in Dallas-Fort Worth MSA
Deal Type:
Sale Leaseback
Cap Rate:
Current Rent:
Lease Type:
Triple Net
Lease Term:
10-15 years
Landlord Responsibilities:
Renewal Options:
Four, 5-year options
Rent Increases:
10% Rent Increases Every 5 Years

Investment Highlights

  • All of the locations benefit from busy drive thrus which contribute 75%-85% to overall store sales
  • Chicken Express has strong regional brand recognition in the Southern United States with over 250 locations and growing
  • Portfolio exhibits robust unit-level economics with average EBITDAR/Rent coverage of ~2.2x
  • Well-located sites in the DFW metro area with clear signage and great frontage and visibility along major thoroughfares with excellent traffic counts
  • Strong local demographics with dense area and daytime employee populations and above average household incomes

Listing Agents

Chelsea Mandel

Senior Vice President
516 850 6962
Jonathan Wolfe STREAM Capital Partners

Jonathan Wolfe

Managing Principal
312 310 2798

In Association with Scott Reid & ParaSell, Inc. | A Licensed Texas Broker #9009637

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    For access to more detailed due diligence (i.e. third party property reports, financial statements, etc.), please download and sign the Electronic NDA below (you can also download the NDA in Word if you need to make any edits). After the NDA is signed and submitted, you will then be emailed a password. You can enter the password into the text box to the left of the SUBMIT button. Then press the SUBMIT button and you will have access to the due diligence.

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