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Church’s Chicken

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LTV (Loan to Value) 0.00% Current NOI
Interest Rate 0.000% Cap Rate 0.000%
Fixed Term 11 Years Years Land Area
Amortization Years Lease Type
Loan Amount Property Type
Payment Property Lease
Building Size Remaining Terms

Location Description

Brownsville is the sixteenth most populous city in the state of Texas with a population of 181,860. It is located on the southernmost tip of Texas, on the northern bank of the Rio Grande, directly north and across the border from Matamoros, Tamaulipas, Mexico. The 2013 U.S. Census Bureau estimate places the Brownsville-Harlingen metropolitan area population at 417,276 allotting it the eighth most populous metropolitan area in the state of Texas. In addition, the Matamoros–Brownsville Metropolitan Area counts with a population of 1,136,995, allotting it the fourth-largest metropolitan area along the U.S.-Mexico border.

Highlights

Long term Lease (20 Years) - 11 years remaining Attractive Rental Increases - 10% rent increase June 2016 NNN LeaseOutparcel to Home Depot - On main thoroughfare, proven retail location

NNN Loans Funding

Triple-Net Lease Financing arranged by NNNLenders. Offering Triple Net NNN Property Loans.