Golden Chick | 2803 N Big Spring St

Faris Lee Investments is pleased to present the opportunity to acquire a brand-new drive-thru Golden Chick restaurant in Midland, Texas. The property is secured by a 15-year Absolute NNN lease with 10% rental increases every five years, providing investors with stable, inflation-protected income and zero landlord responsibilities.

Strategically located along Big Spring Street (23,200+ VPD), Midland’s primary north-south thoroughfare, the property enjoys excellent visibility and is surrounded by national retailers and key regional traffic drivers. The trade area includes over 24,000 residents within a three-mile radius with an average household income exceeding $150,000, underscoring a strong consumer base.

Golden Chick, founded in 1967, operates more than 240 locations across Texas, Oklahoma, Louisiana, and Mississippi, including 217+ in Texas alone, and maintains strong brand recognition and customer loyalty. This location is managed by an experienced multi-unit franchisee who also operates McAlister’s Deli and Jamba Juice restaurants, highlighting operational expertise and performance.

Midland–Odessa is the fastest-growing metro in Texas, with a 2.8% annual population growth over the past five years, and is a critical hub of the U.S. energy sector, producing 40% of the nation’s oil and 22% of its natural gas, supporting high employment and income levels. This offering provides investors with a fee simple interest in a newly constructed, drive-thru Golden Chick, delivering long-term stability, full depreciation benefits, and a passive investment in one of Texas’s most dynamic growth markets.