500 E Commerce St
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Colliers International is pleased to offer the opportunity to acquire the fee simple interest in 500 E. Commerce Street, Brownwood, Texas 76801—a ±4,990 square foot Chick-fil-A restaurant situated on approximately 1.46 acres of land.
Positioned on E. Commerce Street in the heart of Brownwood, this property is surrounded by top national retailers such as Walmart, Home Depot, Kroger, Aldi, Walgreens, CVS, Tractor Supply Co., AutoZone, and O’Reilly Auto Parts.
The area also features a strong mix of national dining options including Buffalo Wild Wings, Starbucks, Whataburger, Popeye’s, KFC, Taco Bell, and McDonald’s. Nearby traffic drivers include Comfort Inn & Suites, Hampton Inn, and La Quinta Inn & Suites.
Chick-fil-A has executed a 15-year absolute triple net (NNN) lease with zero landlord responsibilities and a corporate guarantee, along with thirteen (13) renewal options of five (5) years each. This offering includes both the land and the building.
The surrounding demographics include approximately 876 residents within one mile, 16,290 within three miles, and 24,442 within five miles. Average household incomes are estimated at $44,826 within a 1-mile radius, $71,793 within 3 miles, and $75,200 within 5 miles.
- Chick-fil-A has been a tenant at this location since 2020
- Corporate-guaranteed lease
- Includes both land and building, allowing for depreciation benefits
- New 15-year lease term
- Lease commencement date: November 5, 2020
- Lease expiration date: November 30, 2035
- Thirteen (13) five-year renewal options
- 10% rent increases every five years
- Net Operating Income (NOI): $240,409 (as of 12/01/2025)
- Absolute Triple Net (NNN) lease
- Zero landlord responsibilities
- Tenant is responsible for CAM, property taxes, and insurance
- Tenant maintains the property
- Completely management-free investment
- Fee simple ownership
- Located in Texas – a state with no income tax