Listed by NAI Commonweal
$6,300,000
Chick-fil-A - Eau Claire, WI
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 5,000
Cap Rate 4.31%
NOI $271,391
Occupancy 100%
Tenancy Single
Brand/Tenant Chick-fil-A
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 11/30/2038
Remaining Term 15
Lease Options 8
Price per SqFt $1,260
Class A
Year Built 2023
Buildings 1
Stories 1
Acreage 1.750
Investment Type Net Lease
Tenant Credit Corporate Guarantee, Credit Rated
Lease Commencement 06/09/2023
Retail | 4.31% CAP | 5,000 SF
Marketing description
Commonweal is pleased to present the exclusive listing for the Chick-fil-A located at 3849 Oakwood Mall Drive in Eau Claire, WI. The site consists of a 5,000 SF building on a 1.75 acre lot in a highly visible and high traffic location. Chick-fil-A is expected to open in Fall 2023 with a 15 year absolute NNN lease. Initial rent is $271,391 annually with 8 5-year renewal options, increasing at 7.5% at each option period. This Chick-fil-A is the only one within 80 miles of Eau Claire. Contact us today to learn more about this opportunity.
Listing Contacts
Listed by NAI Commonweal
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$271,391.00
$22,615.92/mo
Valuation Metrics
0
DSCR
4.31%
Cap Rate
4.31%
ROI
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