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| Price $4,705,882 | Built/Renov 2023 | Tenant Chick-fil-A (GL) |
| Cap Rate 4.25% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
5,600
| Lease Start
11-01-2023
| #Units
2,806
|
| Price/SF $840.34 | Expiration
10-31-2043
| Tenant Type Fast Casual/Rest. |
| NOI $200,000 | R. Term 18.10 | Ownership Ground Lease |
| Rent/SF
$35.71
| Increases 10.0%/5/yrs | Pop 5Mi 128,885 |
| Lot/AC 1.05 | Options 8/5yrs/10% | AHHI 5Mi $142,904 |
| | |
Chick-fil-A is strategically located on Bridgeport Avenue, with access to 16,200 vehicles passing by daily. The property is exceptionally well-positioned at the heart of a busy retail, medical, and corporate office corridor along Bridgeport Avenue. Notable corporate tenants in the vicinity include Prudential Financial, CDW, United Healthcare, Robert Half, Barnum Financial Group, among others....
...New construction
Dense retail corridor
Near major nationals
Strategically located
Top 100 MSA
Strong demographics
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. Chick-fil-A was first opened in 1946 in Atlanta, Georgia, under the name...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 2,985 | 34,333 | 128,390 |
| 2023 Total Population : | 2,995 | 34,801 | 129,373 |
| 2023 Employed Civilian Pop : | 1,515 | 17,944 | 67,753 |
| 2023 Total Businesses : | 636 | 1,919 | 5,324 |
| 2023 Average Household Income : | $ 134,553 | $ 152,718 | $ 137,911 |
| 2023 Total Consumer Spending : | $ 154 M | $ 1775 M | $ 5877 M |
| 2023 Median Age : | 48 | 51 | 46 |
| 2023 Total Households : | 1,351 | 13,790 | 50,446 |
| 2023 Pop Age 25+: Bachelor's Degree : | 661 | 7,603 | 24,847 |
| 2023 Average Home Value : | $ 479,994 | $ 450,036 | $ 411,608 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Bridgeport Avenue | Old Stratford Rd | 2020 | 13,900 | 0.07 mi |
| Commerce Drive | Progress Dr | 2020 | 8,500 | 0.36 mi |
| Armstrong Rd | 2018 | 31,800 | 0.37 mi | |
| General Samuel Jaskilka | Armstrong Rd | 2012 | 63,100 | 0.37 mi |
| Trap Falls Road | Research Dr | 2020 | 5,100 | 0.38 mi |
| Trap Falls Rd | Armstrong Rd | 2010 | 8,900 | 0.43 mi |
| Armstrong Rd | Trap Falls Rd | 2018 | 9,800 | 0.44 mi |
| Bridgeport Ave | Old Stratford Rd | 2018 | 3,900 | 0.46 mi |
| CT 8 | Armstrong Rd | 2021 | 31,400 | 0.46 mi |
| Old Stratford Rd | Gen Samuel Jaskilka Hwy | 2021 | 5,000 | 0.46 mi |
McDonough, GA
Cap Rate 4.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,864
Brandon, FL
Cap Rate 3.75%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 2,656
Snellville, GA
Cap Rate 4.50%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 2,813
South Gate, CA
Cap Rate 4.60%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 1,807
Rancho Cordova, CA
Cap Rate 4.25%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 2,325
Henrietta, NY
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 3,500
Paramus, NJ
Cap Rate 4.55%
Lease NN+
R. Term 10.70 yrs
Size/SF 2,400
Spring Hill, FL
Cap Rate 4.30%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 2,489
Corona, CA
Cap Rate 4.00%
Lease Abs NNN
R. Term 17.70 yrs
Size/SF 2,650
McAlester, OK
Cap Rate 4.75%
Lease Abs NNN
R. Term 17.11 yrs
Size/SF 4,484
Crossville, TN
Cap Rate 4.50%
Lease Abs NNN
R. Term 12.90 yrs
Size/SF 4,795
Amarillo, TX
Cap Rate 4.75%
Lease Abs NNN
R. Term 8.60 yrs
Size/SF 4,417
Gilroy, CA
Cap Rate 3.75%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 2,365
Philadelphia, PA
Cap Rate 4.00%
Lease Abs NNN
R. Term 18.50 yrs
Size/SF 4,776
Abilene, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 4,935
Amarillo, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 16.20 yrs
Size/SF 4,417
Denver, CO
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,313
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
