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| Price $5,083,000 | Built/Renov 2022 | Tenant Chick-fil-A |
| Cap Rate 4.75% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
4,484
| Lease Start
10-13-2022
| #Units
3,059
|
| Price/SF $1,133.59 | Expiration
10-31-2042
| Tenant Type Fast Casual/Rest. |
| NOI $241,440 | R. Term 17.6 | Ownership Fee Simple |
| Rent/SF
$53.84
| Increases 10.0%/3/yrs | Pop 5Mi 34,949 |
| Lot/AC 1.24 | Options 13/5yrs/10% | AHHI 5Mi $70,671 |
| | |
Chick-fil-A is strategically located on South George Nigh Expressway, a major north-south arterial connecting route, with access to 25,700 vehicles passing by daily. This prime location is further enhanced by limited competition, being the sole Chick-fil-A within a 50-mile radius. Additionally, the property serves as an outparcel to the Shops at McAlester, a retail center hosting national...
...New construction
Near major nationals
Shopping Ctr out-parcel
Strategically located
Highway close
Top 100 MSA
Long 20+ yr lease
Absolute NNN
Limited competition
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 2,488 | 11,823 | 22,192 |
| 2023 Total Population : | 2,520 | 12,035 | 22,487 |
| 2023 Employed Civilian Pop : | 1,166 | 5,406 | 8,896 |
| 2023 Total Businesses : | 113 | 928 | 1,206 |
| 2023 Average Household Income : | $ 103,156 | $ 70,008 | $ 66,936 |
| 2023 Total Consumer Spending : | $ 86 M | $ 311 M | $ 512 M |
| 2023 Median Age : | 49 | 41 | 40 |
| 2023 Total Households : | 987 | 5,080 | 8,687 |
| 2023 Pop Age 25+: Bachelor's Degree : | 399 | 1,313 | 2,157 |
| 2023 Average Home Value : | $ 235,500 | $ 177,972 | $ 165,757 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| South George Nigh Expressway | S 14th St | 2021 | 32,000 | 0.10 mi |
| South 14th Street | St Andrews Way | 2021 | 790 | 0.32 mi |
| Hardy Springs Road | Hardy Springs Cir | 2021 | 4,400 | 0.49 mi |
| South George Nigh Expressway | S 9th St | 2021 | 27,600 | 0.60 mi |
| McArthur Lane | Belmont Dr | 2021 | 650 | 0.79 mi |
| Oklahoma Avenue | Dave Dr | 2021 | 990 | 0.87 mi |
| South 14th Street | Illinois Ave | 2021 | 1,000 | 1.05 mi |
| Oklahoma Avenue | Edgewood Dr | 2021 | 1,100 | 1.14 mi |
| Swallow Dr | 2021 | 6,700 | 1.14 mi | |
| Tennessee Ave | 2021 | 1,100 | 1.15 mi |
Shelton, CT
Cap Rate 4.25%
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R. Term 19.70 yrs
Size/SF 5,600
Brookfield, WI
Cap Rate 5.45%
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Size/SF 3,180
Amarillo, TX
Cap Rate 4.75%
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Philadelphia, PA
Cap Rate 4.00%
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Denver, CO
Cap Rate 4.50%
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Brandon, FL
Cap Rate 3.75%
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R. Term 14.80 yrs
Size/SF 2,656
Rancho Cordova, CA
Cap Rate 4.25%
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R. Term 14.10 yrs
Size/SF 2,325
Paramus, NJ
Cap Rate 4.55%
Lease NN+
R. Term 10.70 yrs
Size/SF 2,400
Henrietta, NY
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 3,500
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
