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| Price $3,467,000 | Built/Renov 2024 | Tenant Chick-fil-A (GL) |
| Cap Rate 3.75% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
5,433
| Lease Start
05-09-2024
| #Units
2,982
|
| Price/SF $638.14 | Expiration
05-31-2039
| Tenant Type Fast Casual/Rest. |
| NOI $130,000 | R. Term 14.5 | Ownership Ground Lease |
| Rent/SF
$23.93
| Increases 10.0%/5/yrs | Pop 5Mi 108,680 |
| Lot/AC 1.73 | Options 6/5yrs/10% | AHHI 5Mi $109,138 |
| | |
Chick-fil-A is strategically located at the signalized, hard-corner intersection of Kyle Crossing and Kohlers Crossing, benefitting from a significant combined daily traffic count of 156,668 vehicles. The property is part of the Dry River District Development, a 65-acre mixed-use commercial project that includes multifamily and retail spaces. Additionally, it enjoys proximity to I-35 and is...
...New construction
Signalized intersection
Big Box center
Freeway visibility
Top 100 MSA
Strong demographics
Income tax free state
Brand new lease
Long 15+ yr lease
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 : | 4,196 | 59,498 | 125,672 |
| 2023 Total Population : | 3,841 | 52,133 | 108,370 |
| 2023 Employed Civilian Pop : | 1,904 | 27,057 | 55,138 |
| 2023 Total Businesses : | 98 | 885 | 1,744 |
| 2023 Average Household Income : | $ 87,052 | $ 104,493 | $ 109,180 |
| 2023 Total Consumer Spending : | $ 105 M | $ 1628 M | $ 3442 M |
| 2023 Median Age : | 31 | 32 | 32 |
| 2023 Total Households : | 1,406 | 17,988 | 36,411 |
| 2023 Pop Age 25+: Bachelor's Degree : | 687 | 7,510 | 16,649 |
| 2023 Average Home Value : | $ 388,649 | $ 343,771 | $ 351,954 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Kohlers Crossing | I35 Frontage | 2022 | 6,180 | 0.22 mi |
| Amberwood S | 2021 | 26,042 | 0.29 mi | |
| Amberwood S | 2022 | 27,933 | 0.29 mi | |
| Purple Heart Trail | I- 35 Frontage | 2022 | 121,648 | 0.30 mi |
| Interstate Highway 35 | Kohlers Xing | 2019 | 156,668 | 0.31 mi |
| Kohlers Xing | 2021 | 3,941 | 0.32 mi | |
| Kohlers Xing | 2022 | 4,227 | 0.32 mi | |
| Bebee Road | 2015 | 6,285 | 0.59 mi | |
| Kyle Xing | Co Rd 210 | 2010 | 6,320 | 0.69 mi |
| Windy Hill Road | Dry Hole Rd | 2015 | 12,710 | 0.81 mi |
Willis, TX
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Cap Rate 3.85%
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Dallas, TX
Cap Rate 4.15%
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Cap Rate 4.70%
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Size/SF 3,500
South Jordan, UT
Cap Rate 4.50%
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Conroe, TX
Cap Rate 4.75%
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R. Term 19.90 yrs
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Murrieta, CA
Cap Rate 4.38%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 3,206
Rio Rancho, NM
Cap Rate 4.28%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,181
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
