Price $6,590,000 | Built/Renov 2023 | Tenant Chick-fil-A |
Cap Rate 4.00% | Lease Type
Abs NNN | Guarantor Corporate |
Size/SF
4,930
| Lease Start
12-01-2023
| #Units
2,806
|
Price/SF $1,336.71 | Expiration
12-01-2038
| Tenant Type Fast Casual/Rest. |
NOI $263,583 | R. Term 14.11 | Ownership Fee Simple |
Rent/SF
$53.47
| Increases 10.0%/5/yrs | Pop 5Mi 22,669 |
Lot/AC 1.80 | Options 13/5yrs/10% | AHHI 5Mi $95,638 |
| |
This newly constructed Chick-fil-A is strategically located along U.S. Highway 290, a major thoroughfare serving 45,600 vehicles per day. The asset is ideally situated near a dense, regional retail corridor featuring numerous national/credit tenants including Walmart Supercenter, The Home Depot, Marshalls, H-E-B, Hobby Lobby, Lowe’s, and many more. Furthermore, it is positioned within a...
...New construction
Dense retail corridor
Near major nationals
Highway location
Affluent suburb location
Income tax free state
Brand new lease
Long 15+ 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. Chick-fil-A was first opened in 1946 in Atlanta, Georgia, under the name...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 3,297 | 17,126 | 22,768 |
2023 Total Population : | 3,379 | 17,303 | 22,669 |
2023 Employed Civilian Pop : | 1,203 | 6,828 | 9,330 |
2023 Total Businesses : | 249 | 1,090 | 1,253 |
2023 Average Household Income : | $ 89,035 | $ 87,079 | $ 95,638 |
2023 Total Consumer Spending : | $ 120 M | $ 490 M | $ 715 M |
2023 Median Age : | 43 | 37 | 39 |
2023 Total Households : | 1,519 | 6,387 | 8,531 |
2023 Pop Age 25+: Bachelor's Degree : | 588 | 2,441 | 3,278 |
2023 Average Home Value : | $ 273,755 | $ 255,317 | $ 309,381 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
South Market Street | Cantey St | 2020 | 2,417 | 0.57 mi |
Progress Dr | 2021 | 9,488 | 0.81 mi | |
United States Hwy 290 E | 2021 | 33,412 | 0.82 mi | |
TX 121 | Hwy 290 E | 2020 | 30,643 | 0.82 mi |
Progress Dr | 2021 | 8,504 | 0.82 mi | |
Gun and Rod Road | Victory Ln | 2019 | 6,539 | 0.99 mi |
Highway 36 | US Hwy 290 | 2021 | 22,200 | 1.00 mi |
S Day St | Hillcrest Ln | 2002 | 15,400 | 1.02 mi |
Gun and Rod Road | Victory Ln | 2021 | 5,411 | 1.04 mi |
South Day Street | Medical Pkwy | 2021 | 17,776 | 1.05 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]