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| Price $9,779,500 $9,500,000 | Built/Renov 2022 | Tenant Chick-fil-A (GL) |
| Cap Rate 3.40% 3.50% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
5,000
| Lease Start
09-01-2022
| #Units
2,850
|
| Price/SF $1,955.90 $1,900.00 | Expiration
08-31-2042
| Tenant Type Fast Casual/Rest. |
| NOI $332,500 | R. Term 17.1 | Ownership Fee Simple |
| Rent/SF
$66.50
| Increases 10.0%/6/yrs | Pop 5Mi 103,064 |
| Lot/AC 1.45 | Options 10/5yrs/10% | AHHI 5Mi $92,334 |
| | |
Chick-fil-A is strategically located along State Highway 535, a primary commuter thoroughfare averaging 59,500 vehicles passing by daily. The asset benefits from nearby on/off ramp access to Interstate 4 (179,500 VPD), a heavily traveled freeway serving the greater Orlando metropolitan area. Additionally, the subject property is within walking distance to numerous timeshares and resorts...
...New construction
High traffic 50M+ VPD
Highway location
Dense 100M+ pop 5 mi
Top 100 MSA
Income tax free state
Brand new lease
Long 20+ yr lease
Absolute NNN
Corporate Guarantee
Chick-fil-A is one of the largest American fast food restaurant chains, and the largest specializing in chicken sandwiches. As of December 2021, the company operated 2,235 franchised, 76...
| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 2,412 | 34,219 | 111,145 |
| 2022 Total Population : | 2,088 | 30,578 | 101,945 |
| 2022 Employed Civilian Pop : | 1,443 | 16,757 | 52,465 |
| 2022 Total Businesses : | 190 | 2,180 | 5,266 |
| 2022 Average Household Income : | $ 72,992 | $ 101,435 | $ 102,888 |
| 2022 Total Consumer Spending : | $ 46 M | $ 1028 M | $ 3304 M |
| 2022 Median Age : | 31 | 34 | 36 |
| 2022 Total Households : | 750 | 11,829 | 37,610 |
| 2022 Pop Age 25+: Bachelor's Degree : | 777 | 7,213 | 21,683 |
| 2022 Average Home Value : | $ 170,253 | $ 484,815 | $ 388,232 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| S Apopka Vineland Rd | Vistana Centre Dr | 2012 | 50,500 | 0.05 mi |
| S Apopka Vineland Rd | Vistana Centre Dr | 2012 | 43,396 | 0.13 mi |
| S Apopka Vineland Rd | Meadow Creek Dr | 2012 | 59,500 | 0.15 mi |
| Kissimmee Vineland Road | Vineland Ave | 2020 | 31,000 | 0.28 mi |
| S Apopka Vineland Rd | 2020 | 13,500 | 0.30 mi | |
| Vineland Ave | Mulberry PkCt | 2012 | 31,500 | 0.33 mi |
| 2018 | 12,500 | 0.34 mi | ||
| I 4 | Fountain Village | 2020 | 133,000 | 0.37 mi |
| I- 4 | I-4 Off Ramp E | 2012 | 142,000 | 0.39 mi |
| I- 4 | 2020 | 12,000 | 0.39 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
