Price $2,666,000 | Built/Renov 2023 | Tenant Chick-fil-A (GL) |
Cap Rate 5.00% | Lease Type
Abs NNN | Guarantor Corporate |
Size/SF
4,995
| Lease Start
03-02-2023
| #Units
2,806
|
Price/SF $533.73 | Expiration
03-01-2043
| Tenant Type Fast Casual/Rest. |
NOI $133,288 | R. Term 19.2 | Ownership Ground Lease |
Rent/SF
$26.68
| Increases 10.0%/11/yrs | Pop 5Mi 30,918 |
Lot/AC 1.90 | Options 10/5yrs/10.3% | AHHI 5Mi $77,237 |
| |
This newly constructed, 4,995 square foot Chick-Fil-A, equipped with a double drive-thru lane is positioned facing Winfield Dunn Parkway (62,000 VPD). The asset is an outparcel to Smoky Mountain Gateway, a HomeGoods, and Five Below anchored shopping center which drives consumer traffic to the immediate trade area. It is also an outparcel to a high performing Publix and is positioned next to a...
...New construction
High traffic 50M+ VPD
Major thoroughfare
Shopping Ctr out-parcel
Highway 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 : | 2,366 | 14,189 | 31,798 |
2023 Total Population : | 2,301 | 13,773 | 30,930 |
2023 Employed Civilian Pop : | 1,274 | 6,390 | 14,933 |
2023 Total Businesses : | 144 | 993 | 1,727 |
2023 Average Household Income : | $ 82,842 | $ 73,506 | $ 77,172 |
2023 Total Consumer Spending : | $ 83 M | $ 374 M | $ 851 M |
2023 Median Age : | 41 | 40 | 41 |
2023 Total Households : | 1,142 | 5,814 | 12,630 |
2023 Pop Age 25+: Bachelor's Degree : | 617 | 1,803 | 3,389 |
2023 Average Home Value : | $ 279,777 | $ 307,038 | $ 317,014 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Winfield Dunn Pkwy | Hwy 66 | 2003 | 29,400 | 0.37 mi |
Old Douglas Dam Road | Old Douglas Dam Rd | 2022 | 1,711 | 0.39 mi |
Winfield Dunn Pkwy | Hwy 66 | 2005 | 29,560 | 0.39 mi |
OLD KNOXVILLE HWY. | Spring St | 2021 | 8,934 | 0.51 mi |
Old Knoxville Highway | Spring St | 2022 | 8,225 | 0.51 mi |
Winfield Dunn Parkway | Winfield Dunn Pkwy | 2022 | 55,826 | 0.61 mi |
ALLENSVILLE RD. | Old Douglas Dam Rd | 2021 | 6,502 | 0.70 mi |
Allensville Road | Old Douglas Dam Rd | 2022 | 5,991 | 0.70 mi |
Love Road | U St | 2022 | 1,899 | 0.88 mi |
US 411;US 441 | Lathem Ln | 2021 | 15,031 | 0.99 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]