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.