Company Story with Founder Kenney Moore: Click Here
Covid-19 Performance Update from Owner: Click Here
About Andy’s Foundation Hwy 55 Cares: Click Here
- Brand New Location, Recently Opened
- Extremely Attractive Architectural Design that Includes a Drive-Thru
- New, 20-Year, Triple Net (NNN) Lease with Corporate Guarantee
- Three, Five-Year Tenant Renewal Options
- 10 Percent Rent Increases Every Five Years Through Base Term and Options
- Part of the Dallas-Fort Worth Metro Area; 35 Miles from Dallas and 57 Miles from Fort Worth
Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant HWY 55 Burgers, Shakes & Fries in the Dallas suburb of Ennis, Texas. This is a brand-new location that was just built and recently opened. This Hwy 55 offers a new, 20-year, triple net lease with three, five-year tenant renewal options and 10 percent rent increases every five years.
Hwy 55 was founded in 1991 and currently operates 130+ locations across 13 states and is still run by its original founder.
The Subject Property is within walking distance to downtown Ennis and is in the heart of a busy retail area off Ennis Avenue. Surrounding national brands include Walmart Supercenter, Planet Fitness, Hibbett Sports, Tractor Supply Company, Dollar Tree, Holiday Inn Express & Suites, Days Inn by Wyndham, Comfort Suites, La Quinta Inn & Suites, Aaron’s, Walgreens, Taco Bell, Chili’s Grill & Bar, Chick-fil-A, McDonald’s, Verizon, Bank of America and many more. The area has strong demographics with an average household income of $68,900 within three miles, and over $72,200 in five miles.
Ennis is part of the Dallas-Fort Worth Metro Area, which is the fourth-most populous metro in the nation with a total population of nearly 7.5 million residents – 1.3 million in Dallas alone. The Subject Property is 35 miles from Dallas and 57 miles from Fort Worth.
Broker of Record
Lic. # 9002994