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Features CHICKEN EXPRESS CHICKEN EXPRESS | SALE LEASEBACK 1821 E SPRING CREEK PARKWAY, PLANO, TX 75074 Features FOR SALE Sale‐leaseback for sale in densely populated, high traffic Plano, Texas just east of US‐75 on Spring Creek Parkway. Traffic counts at 75 and BUILDING SIZE: 3,095 Spring Creek are over 340,000 VPD. TOTAL ACRES: 0.85 GLA(SF): 3,095 SALES PRICE: $1,825,000 Chicken Express, today one of the most successful regional QSR operators, was launched in 1988 in Benbrook Texas. The first franchisee PERCENTAGE LEASED: 100% store was opened in 1990. Chicken Express today operates more than 200 locations across the Southwest and approximately 100 in the NOI: $110,000 greater Dallas‐Fort Worth market. The brand grew its name through excellence and innovation and was a pioneer in the fast food delivery businesses. Franchisees also added dine‐in and drive‐thru to complement the delivery service. Chicken Express continues to grow its presence in Texas, Oklahoma, Arkansas and Louisiana. Traffic Counts Demographics YEAR: 2018 Kevin Butkus Assistant Vice President US‐75 194,000 VPD Total Population 6,141 110,397 305,709 214.720.6683 Spring Creek Parkway 50,280 VPD Total Households 2,435 39,413 108,001 [email protected] Avenue K 23,230 VPD Average Household Income $82,480 $99,379 $119,611 Derek Schuster 5 Year Population Growth 7.60% 8.60% 10.10% Assistant Vice President 214.720.3623 [email protected] Area Retailers & Businesses The information was obtained from sources deemed reliable; however, Weitzman has not verified it and makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this real estate information is subject to errors; omissions; change of price; prior sale or lease, or withdrawal without notice. You and your advisors should conduct a careful independent investigation of the property to determine if it is suitable for your intended purpose. INFORMATION ABOUT BROKERAGE SERVICES Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. TYPES OF REAL ESTATE LICENSE HOLDERS: AS AGENT FOR OWNER (SELLER/LANDLORD): to the transaction. The written agreement must AS SUBAGENT: A license holder acts as a subagent • A BROKER is responsible for all brokerage The broker becomes the property owner’s agent state who will pay the broker and, in conspicuous when aiding a buyer in a transaction without an actives, including acts performed by sales through an agreement with the owner, usually in a bold or underlined print, set forth the broker’s agreement to represent the buyer. A subagent can agents sponsored by the broker. written listening to sell or property management obligations as an intermediary. A broker who acts as assist the buyer but does not represent the buyer • A SALES AGENT must be sponsored by a agreement. An owner’s agent must perform the an intermediary: and must place the interests of the owner first. broker and works with clients on behalf of the broker’s minimum duties above and must inform the • Must treat all par es to the transaction broker. owner of any material information about the property impartially and fairly; TO AVOID DISPUTES, ALL AGREEMENTS or transaction known by the agent, including • May, with the par es’ written consent, appoint BETWEEN YOU AND A BROKER SHOULD BE IN A BROKER’S MINIMUM DUTIES REQUIRED BY information disclosed to the agent or subagent by a different license holder associated with the WRITING AND CLEARLY ESTABLISH: LAW (A client is the person or party that the the buyer or buyer’s agent. broker to each party (owner and • The broker’s duties and responsibilities broker represents): buyer) to communicate with, provide opinions to you, and your obligations under the • Put the interests of the client above all others, AS AGENT FOR BUYER/TENANT: The broker and advice to, and carry out the instructions representation agreement. including the broker’s own interests; becomes the buyer/tenant’s agent by agreeing of each party to the transaction. • Who will pay the broker for services provided • Inform the client of any material information to represent the buyer, usually through a written • Must not, unless specifically authorized in to you, when payment will be made and how on about the property or transaction received representation agreement. A buyer’s agent must writing to do so by the party, disclose: the payment will be calculated. by the broker; perform the broker’s minimum duties above and ° that the owner will accept a price less • Answer the client’s questions and present must inform the buyer of any material information than the written asking price; LICENSE HOLDER CONTACT INFORMATION: any offer to or counter-offer from the client; about the property or transaction known by the ° that the buyer/tenant will pay a price This notice is being provided for information and agent, including information disclosed to the agent greater than the price submitted in a purposes. It does not create an obligation for you • Treat all par es to a real estate transaction by the seller or seller’s agent. written offer; and to use the broker’s services. Please acknowledge honestly and fairly. ° any confidential information or any other receipt of this notice below and retain a copy for AS AGENT FOR BOTH - INTERMEDIARY: To act information that a party specifically your records. A LICENSE HOLDER CAN REPRESENT A PARTY as an intermediary between the par es the broker instructs the broker in writing not to IN A REAL ESTATE TRANSACTION: must first obtain the written agreement of each party disclose, unless required to do so by law. Weitzman 402795 [email protected] 214-954-0600 Licensed Broker /Broker Firm Name or Primary Assumed Business Name License No. Email Phone Robert E. Young, Jr. 292229 [email protected] 214-720-6688 Designated Broker of Firm License No. Email Phone Licensed Supervisor of Sales Agent/ Associate License No. Email Phone Kevin Butkus 678298 [email protected] 214-720-6683 Sales Agent/Associate’s Name License No. Email Phone Buyer/Tenant/Seller/Landlord Initials Date REGULATED BY THE TEXAS REAL ESTATE COMMISSION INFORMATION AVAILABLE AT WWW.TREC.TEXAS.GOV 11-2-2015 IABS 1-0 INFORMATION ABOUT BROKERAGE SERVICES Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. TYPES OF REAL ESTATE LICENSE HOLDERS: AS AGENT FOR OWNER (SELLER/LANDLORD): to the transaction. The written agreement must AS SUBAGENT: A license holder acts as a subagent • A BROKER is responsible for all brokerage The broker becomes the property owner’s agent state who will pay the broker and, in conspicuous when aiding a buyer in a transaction without an actives, including acts performed by sales through an agreement with the owner, usually in a bold or underlined print, set forth the broker’s agreement to represent the buyer. A subagent can agents sponsored by the broker. written listening to sell or property management obligations as an intermediary. A broker who acts as assist the buyer but does not represent the buyer • A SALES AGENT must be sponsored by a agreement. An owner’s agent must perform the an intermediary: and must place the interests of the owner first. broker and works with clients on behalf of the broker’s minimum duties above and must inform the • Must treat all par es to the transaction broker. owner of any material information about the property impartially and fairly; TO AVOID DISPUTES, ALL AGREEMENTS or transaction known by the agent, including • May, with the par es’ written consent, appoint BETWEEN YOU AND A BROKER SHOULD BE IN A BROKER’S MINIMUM DUTIES REQUIRED BY information disclosed to the agent or subagent by a different license holder associated with the WRITING AND CLEARLY ESTABLISH: LAW (A client is the person or party that the the buyer or buyer’s agent. broker to each party (owner and • The broker’s duties and responsibilities broker represents): buyer) to communicate with, provide opinions to you, and your obligations under the • Put the interests of the client above all others, AS AGENT FOR BUYER/TENANT: The broker and advice to, and carry out the instructions representation agreement. including the broker’s own interests; becomes the buyer/tenant’s agent by agreeing of each party to the transaction. • Who will pay the broker for services provided • Inform the client of any material information to represent the buyer, usually through a written • Must not, unless specifically authorized in to you, when payment will be made and how on about the property or transaction received representation agreement. A buyer’s agent must writing to do so by the party, disclose: the payment will be calculated. by the broker; perform the broker’s minimum duties above and ° that the owner will accept a price less • Answer the client’s questions and present must inform the buyer of any material information than the written asking price; LICENSE HOLDER CONTACT INFORMATION: any offer to or counter-offer from the client; about the property or transaction known by the ° that the buyer/tenant will pay a price This notice is being provided for information and agent, including information disclosed to the agent greater than the price submitted in a purposes. It does not create an obligation for you • Treat all par es to a real estate transaction by the seller or seller’s agent. written offer; and to use the broker’s services. Please acknowledge honestly and fairly. ° any confidential information or any other receipt of this notice below and retain a copy for AS AGENT FOR BOTH - INTERMEDIARY: To act information that a party specifically your records.
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