SOLD! CHICKEN EXPRESS IN DRIPPING SPRINGS
CIP Admin
March 19, 2020
SOLD! CHICKEN EXPRESS IN DRIPPING SPRINGS
Nick Nelson, CCIM of Commercial Industrial Properties (CIP) represented the Seller/Tenant in a Sale-Leaseback of the 3,200 sf Chicken Express in Dripping Springs. Nick represented the franchisee in the 2012 acquisition of this 2.1 acre site that has proved to be very successful over its 8 years in operation. Strong sales were fueled by the dramatic growth in Dripping Springs. With approximately 10,000 new homes in the market, demand will likely continue to increase through the lease term to create a win-win scenario for both the tenant and landlord.
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