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PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 12 Updated: 09.04.25 Posted: 09.04.25 Status: Active     09.04.25

Summary

Price $9,750,000
Built/Renov 2025
Tenant Chick-fil-A
Cap Rate 4.00%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 5,335
Lease Start
#Units 3,059
Price/SF $1,827.55
Expiration
Tenant Type Fast Casual/Rest.
NOI $390,000
R. Term 0.00
Ownership Ground Lease
Rent/SF $73.10
Increases 8.0%/6/yrs
Pop 5Mi 229,709
Lot/AC 1.81
Options 10/5yrs/8%
AHHI 5Mi $101,943

Highlights

  • Brand new 20-year absolute NNN ground lease with ten 5-year options and zero landlord responsibilities
  • Lease includes 8% rent increases every 5 years during the primary term and all option periods
  • 5,335 SF double drive-thru restaurant on 1.81-acre parcel, completed in 2025
  • Hard-corner signalized intersection of N Dale Mabry Hwy and Ehrlich Road with 110,600+ vehicles per day
  • Surrounded by Carrollwood Commons, North Point Plaza, and multiple shopping centers anchored by Walmart, Target, Publix, and Home Depot
  • Located 11 miles from Tampa International Airport, serving 25 million passengers annually
  • Dense trade area with over 240,500 residents within 5 miles and average household income exceeding $103,000 within 3 miles
  • Tampa MSA population exceeds 3.3 million, offering strong regional demographics and economic growth

Location Description

Chick-fil-A | Tampa, FL is strategically located along N Dale Mabry Highway at Ehrlich Road in Tampa, Florida, with access to a daily traffic count of approximately 110,600 vehicles. The site is surrounded by major national retailers including Walmart, Target, Publix, etc, driving consistent consumer traffic to the area. The property is located near several schools, residential communities,...

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Tenant

About Tenant

Chick-fil-A is one of the largest American fast-food restaurant chains, and the largest specializing in chicken sandwiches. Chick-fil-A was first opened in 1946 in Atlanta, Georgia, under the...


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