N Chick fil A - Fast Food FOR SALE


Tampa, FL 33624- Carrollwood
$10,500,000 USD
949-903-3399
N Chick fil A, Tampa, FL for Sale
$10,500,000 USD
Fast Food - FOR SALE
1/5
null | 3.71% Cap Rate

N Chick fil A
Tampa, FL 33624
Carrollwood


HIGHLIGHTS

  • Rare 20 Yr. Absolute NNN Ground Lease by Chick fil A Inc.- 2025 Prototype Opening April
  • Irreplaceable Hard Corner across from Target/Walmart/Publix/Home Depot- Trophy Site!
  • Generational Opportunity to Purchase Iconic American Brand!- Best in Class QSR Tenant
  • Tampa is #1 “Best Place to Live in Florida” (Forbes)- One of Fastest Growing Regions in U.S.
  • 2025 Double Drive-thru Prototype- 8% Rent Bumps- Large 1.81 Acre Site- Strong Demo’s
  • Ranked #1 Fast Food Chain in the Country- 3000+ Locations & Growing- Huge Sales Volumes

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors a great opportunity to acquire a Chick-fil-A corporate ground lease in Tampa, FL. The new long term absolute NNN ground lease has a 20-year primary term with ten 5-year option periods, 8% rent increases every 5 years and no landlord responsibilities, providing inflation resistant income for years to come. The 5,335 SF quick service restaurant with double drive-thru’s on 1.81-acre parcel is strategically positioned on the hard corner signalized intersections of N Dale Mabry Hwy (State Rd 597) and Ehrlich Road, which sees over 110,600 VPD. The subject property is within close proximity of numerous retail attractions including the Carrollwood Commons, North Point Plaza, Northdale Promenade, and Shoppes of Carrollwood with major retailers including The Home Depot, Walmart, Sam’s Club, Target, Whole Foods Market, Sprouts Farmers Market, Publix, McDonald’s and countless others. Additionally, Tampa International Airport (TPA), which sees over 25 million passengers annually, is only 11 miles away. This is an excellent opportunity to own a corporate Chick-fil-A with a 20-year ground lease, 50 years in option periods, rent increases every 5 years, and no landlord responsibilities providing passive, worry free cash flows for years to come.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$1,968 USD /SF

CAP RATE

3.71%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brand New Trophy Site- Rare 20 Yr Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

Commercial-General

APN/PARCEL ID

U-04-28-18-ZZZ-000000-79650.0

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

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Eric CarltonColliersMore Info
949-903-3399

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