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Listing Church’s Chicken Price:$1,750,000 Status:For Sale
* Brand new fifteen (15) year NNN lease with fixed 7.5% rental increases every five (5) years, four (4) five (5) year options to renew, and a personal guarantee from the franchisee
* The property is newly renovated and rebranded into a Church’ s Chicken prototype store with $300,000 in capital improvements invested by the tenant
* Internationally recognized tenant, Church’ s Chicken has over 1,700 store locations in 26 countries worldwide with system-wide sales of more than $1.2 billion serving 3 million customers per week
* Located at the primary and signalized entrance of Colton Centrepointe Shopping Center, Church’ s Chicken enjoys the premium location in the center with excellent exposure and access
* Colton Centrepointe Shopping Center is the dominant center in the trade area anchored by a recently remodeled Walmart Supercenter with Ross Dress for Less, 99 Cents Only Store, Payless Shoes, GNC, Radio Shack, Denny’ s, Carl’ s Jr., El Pollo Loco and others |
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