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| Price $7,778,000 | Built/Renov 2025 | Tenant Chick-fil-A |
| Cap Rate 4.50% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
4,594
| Lease Start
04-03-2025
| #Units
3,059
|
| Price/SF $1,693.08 | Expiration
04-02-2040
| Tenant Type Fast Casual/Rest. |
| NOI $350,000 | R. Term 14.60 | Ownership Ground Lease |
| Rent/SF
$76.19
| Increases 10.0%/6/yrs | Pop 5Mi 311,251 |
| Lot/AC 1.33 | Options 6/5yrs/10% | AHHI 5Mi $145,206 |
| | |
Brand new 2025 Chick-fil-A construction with double drive-thru
15-year absolute NNN ground lease commencing April 2025
Initial annual rent of $350,000 with 10% increases every 5 years
Six five-year renewal options extending lease potential to 45 years
Prominent hard-corner location at CA Highway 4 and Lone Tree Way
Outparcel to high-performing Target within Slatten Ranch Shopping Center
Five-mile trade area population of 311,251 with $145,206 average household income
Offered at $7,778,000 with a 4.50% cap rate
The Chick-fil-A – Antioch, CA (Slatten Ranch Shopping Center) is strategically located along Lone Tree Way in Antioch, California, with access to a daily traffic count of approximately 117,900 vehicles. The site is surrounded by major national retailers including Target, Hobby Lobby, Sephora, etc, driving consistent consumer traffic to the area. The property is located near several schools,...
...New construction
Signalized intersection
High traffic 50M+ VPD
Major thoroughfare
Top 100 MSA
Strong demographics
Long 15+ yr lease
Absolute NNN
Over 2000 units backed
Corporate Guarantee
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...
Corona, CA
Cap Rate 4.00%
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Antioch, CA
Cap Rate 4.40%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 4,594
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
