SEC. S. Rose Drive & Alta Vista Street St - Fast Food FOR SALE


Placentia, CA 92870
$9,733,000 USD
480-221-4221
SEC. S. Rose Drive & Alta Vista Street St, Placentia, CA for Sale
$9,733,000 USD
Fast Food - FOR SALE
1/8
null | 3.75% Cap Rate

SEC. S. Rose Drive & Alta Vista Street St
Placentia, CA 92870


HIGHLIGHTS

  • Brand New 15-Year Lease | Scheduled Rental Increases
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Near Cal State Fullerton (41,000+ Students) | Retail Corridor |Grocery-Anchored Center | State Hwy 57 (328,000 VPD)
  • Strong Demographics In 5-Mile Trade Area | Affluent Community

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, new construction, Chick-fil-A investment property located in Placentia, California (Orange County). The tenant, Chick-fil-A, Inc., recently signed a brand new 15 year lease with 5 (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.

FOR SALE DETAILS

PRICE

$9,733,000 USD

PRICE/SF

$1,762 USD /SF

CAP RATE

3.75%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A | New 15yr Abs NNN Grd Lse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

79

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,684 SF

ZONING

NC

APN/PARCEL ID

341-521-55

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.