5705 Lone Tree Way - Restaurant FOR SALE


Antioch, CA 94531
$7,955,000 USD
480-221-4221
5705 Lone Tree Way, Antioch, CA for Sale
$7,955,000 USD
Restaurant - FOR SALE
1/9
null | 4.4% Cap Rate

5705 Lone Tree Way
Antioch, CA 94531


HIGHLIGHTS

  • Brand New 15-Year Lease | Corporate Signed | Options To Extend | Scheduled Increases | Well Known & Established Brand
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Outparcel to Slatten Ranch (6.9M+ Visits) | Limited Competition | National/Credit Tenants | Top Performing Shopping Centers
  • Signalized, Hard Corner Intersection | State Hwy 4 (74,600 VPD) | Lone Tree Way (42,000 VPD) | Dual Drive-Thru Equipped
  • Strong Demographics In 5-Mile Trade Area | Affluent Community |San Francisco MSA

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, corporate signed, dual drive-thru equipped, Chick-fil-A investment property located in Antioch, California. The tenant, Chick-fil-A, Inc., recently signed a brand new 15 year lease with 6 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Chick-fil-A Inc. is an established and nationally recognized brand with over 3,000 locations.

FOR SALE DETAILS

PRICE

$7,955,000 USD

PRICE/SF

$1,732 USD /SF

CAP RATE

4.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A | New 15yr Corp Abs NNN | DrThru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

P-D

APN/PARCEL ID

056-340-001-9

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.