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Church’s Chicken NNN | Whitehall, OH

4488 E Main St, Whitehall, OH 43213, USA
$904,866

Description

Marcus & Millichap is pleased to offer for sale this absolute NNN leased Church’s Chicken, located at 4488 East Main Street in Whitehall, Ohio.
The subject property consists of a 1,200 square feet restaurant, with drive up window and ample parking on a 0.89 acre parcel of land and is strategically located on East Main Street, with a
traffic counts in excess of 18,800 vehicles per day. There are 252,165 full time residences with a household income exceeding $60,726 annually in the market area.
There are currently 9 plus years remaining on original 15 years lease with 10 percent increases, every 5 years. The base term of the lease has been extended a few times, keeping the two option periods in place, showing the tenant’s commitment to the location. The lease is backed by Falcon Holdings a 100 plus unit operating company.
There are numerous National and Regional retailers in the immediate area including CVS Pharmacy, Walgreens, Speedway, Aaron’s, Advance Auto Parts, Boost Mobile, Rent-A-Center, Wendy’s, Arby’s, Burger King, White Castle and Pizza Hut among others.
Church’s Chicken is an American chain of fast food restaurants specializing in fried chicken, also trading outside North America and Asia as Texas Chicken. The chain was founded as Church’s
Fried Chicken To Go by George W. Church, Sr., on April 17, 1952, in San Antonio, Texas, across the street from The Alamo. The company, with more than 1,700 locations in 30 countries, is the fourth largest chicken restaurant chain behind KFC, Popeyes, and Chick-fil-A, and fourth by revenue behind Chick-fil-A, KFC, and Popeyes.

    • Absolute NNN Lease “No Landlord Responsibility”
    • Over 252,165 Residents In The Market Area With An Average HHI Exceeding $60,726
    • Guarantee From Falcon Holdings, a 100+ Unit Operating Company
    • 9+ Years Remaining On Original 15 Year Lease With 10% Increases Every 5 Years
    • Traffic Counts Exceeding 18,800 Vehicles Per Day
    • v5 Schools in Less Than 2 Miles Radius From The Property
    • Surrounded by numerous National and Regional retailers in the immediate area including CVS Pharmacy, Walgreens, Speedway, Aaron’s, Advance Auto Parts, Boost Mobile, Rent-A-Center, Wendy’s, Arby’s, Burger King, White Castle and Pizza Hut Among Others.

     

Property Documents

  • ChurchsChicken-Whitehall-OH-om-ib
  • City: Whitehall
  • State/county: Ohio
  • Zip/Postal Code: 43213
  • Country: United States

Detail

  • Price: $904,866

Additional details

  • CAP Rate: 7.50%
  • NOI: $67,865

Features