Price $6,369,000 | Built/Renov 2023 | Tenant Chick-fil-A |
Cap Rate 4.00% | Lease Type
Abs NNN | Guarantor Corporate |
Size/SF
5,131
| Lease Start
07-01-2023
| #Units
2,806
|
Price/SF $1,241.28 | Expiration
06-30-2038
| Tenant Type Fast Casual/Rest. |
NOI $254,762 | R. Term 14.6 | Ownership Fee Simple |
Rent/SF
$49.65
| Increases 10.0%/5/yrs | Pop 5Mi 10,984 |
Lot/AC 1.72 | Options 13/5yrs/10% | AHHI 5Mi $73,212 |
| |
This newly constructed 5,131 square foot drive thru equipped Chick-fil-A is situated on a 1.72 acres lot just off of US-331 with access to 27,500 vehicles per day. The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, Lowe’s Home Improvement, Walgreens, Zaxby’s, McDonalds and more, further increasing consumer...
...New construction
Major thoroughfare
Near major nationals
Highway location
Income tax free state
Brand new lease
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,...
Collection Street | Cross Street | Year | Traffic Vol | Distance |
United States Highway 331 N | Bob McCaskill Dr | 2005 | 6,600 | 1.36 mi |
US Highway 331 North | Walton Rd | 2021 | 8,300 | 1.97 mi |
County Highway 192 | Crowder Rd | 2021 | 550 | 2.43 mi |
Shoemaker Drive | Walton Rd | 2021 | 2,200 | 2.62 mi |
County Highway 1883 | Triple G Rd | 2005 | 800 | 2.64 mi |
Nelson Ave W | United States Hwy 331 N | 2005 | 8,000 | 2.75 mi |
State Highway 83 | Clarks Landing R | 2021 | 8,200 | 2.79 mi |
Nelson Ave W | United States Hwy 331 N | 2005 | 13,900 | 2.82 mi |
US Highway 90 West | Rose Ln | 2021 | 14,400 | 2.94 mi |
Walton Road | Fallen Heroes Wa | 2021 | 3,400 | 2.94 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]