6980 S Military Trl - Fast Food FOR SALE


Atlantis, FL 33462
$7,438,000 USD
415-481-0788
6980 S Military Trl, Atlantis, FL for Sale
$7,438,000 USD
Fast Food - FOR SALE
1/5
null | 4% Cap Rate

6980 S Military Trl
Atlantis, FL 33462


HIGHLIGHTS

  • New 15-year absolute NNN corporate ground lease with 10% rental increases every five years
  • Eight (8) option periods of five (5) years each, providing a long-term investment with one of the most recognizable quick-service restaurant brands
  • Chick-fil-A, Inc. is the largest chicken chain in the U.S., with over 2,900 locations and $21.5B in U.S. system sales in 2023
  • High-performing locations with drive-thru sales average over $8.5M per unit
  • Site features double drive-thru lanes with 38-car stacking capacity

OVERVIEW

This Chick-fil-A is located at the highly trafficked intersection of Hypoluxo Road and Military Trail in Lake Worth, FL. The site benefits from 76,000 daily vehicle counts at this premier location, exposing the site to a high amount of traffic per day. 384 upscale, apartment units within Elan Palm Reserve are set to enhance this vibrant community. With prime outparcel opportunities, the site is ideal for national and local brands looking to expand in this booming area. Additional ground leases and build-to-suit solutions are available, perfect for drive-thrus and other business models. Lake Worth Beach is a thriving market with a dense population of 362,098 residents within a 5-mile radius. This property is backed by a high-income customer base, boasting an average annual household income of $121,054 within just a one-mile radius. Major national retailers at this intersection include Walmart, ALDI, Dollar Tree, McDonald’s, Chase Bank, Dunkin’, Chipotle, and Crunch Fitness.

FOR SALE DETAILS

PRICE

$7,438,000 USD

PRICE/SF

$2,800 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A | Lake Worth Beach, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,189 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-481-0788

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Michael YurasCushman & WakefieldMore Info
415-481-0788

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