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32720400
32720401

3800 Ehrlich Rd, Tampa, FL 33624 For Sale

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa
$9,176,000
74 days on market
Updated 68 days ago

NNN Chick-fil-A - Tampa FL

Details
APN U042818ZZZ000000796500
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 5,335
Cap Rate 4.25%
NOI $390,000
Occupancy 100%
Tenancy Single
Brand/Tenant McDonald's, Chick-fil-A (+3)
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 02/28/2045
Remaining Term 18.6
Rent Bumps Yes
Lease Options 10 (5-Year)
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 1.860
Zoning Commercial
Parking Spaces 69 spaces
Parking per 1,000 SqFt 12.93
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/01/2025
Ground Lease Yes
Ownership Leased Fee
Sale Condition 1031 exchange

New Construction | Absolute NNN (Ground Lease) | Corporate 20 Year Term | 8% Increases Every Five

Marketing description

Introducing an exceptional investment opportunity, the 3800 Ehrlich Road in Tampa, Florida. This single-tenant absolute NNN ground lease offers a prime location with a combined 110,500 VPD at the intersection, making it a generational real estate gem. With an Average Household Income exceeding $131,891, this large 1.86 AC lot is large enough for two users or buildings. The property features a Chick-fil-A tenant with a corporate guaranty, a brand-new 20-year lease, and 10 (5-year) options to extend, showcasing a long-term commitment. The lease includes 8% rental increases every 5 years and at the beginning of each option period, providing a secure investment opportunity. The site, constructed in 2025, boasts high-quality materials and distinctive Chick-fil-A design elements. Don't miss out on this prime real estate gem offering a leased fee with zero landlord responsibilities and no state income tax implications. Contact us to secure this lucrative investment opportunity at 3800 Ehrlich Road in Tampa, Florida.

Investment highlights

  • New 20-Year Lease | 2025 Construction | Options To Extend | Corporate Signed | Scheduled Rental Increases

  • Absolute NNN Ground Lease | Leased Fee (Land Ownership) |Zero Landlord Responsibilities | No State Income Tax

  • Signalized, Hard Corner Intersection | Trophy Real Estate | Dale Mabry & Ehrlich - Main & Main Tampa

  • Dale Mabry Highway - Recent & Influential Developments

  • Dense Demographics In 5-mile Trade Area | High Population Growth

Listing Contacts

PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
WW
FL SL3257920
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$390,000.00
$32,500.00/mo

Valuation Metrics

0
DSCR
4.25%
Cap Rate
4.25%
ROI

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Additional Information

Name
Patrick Nutt
License
FL License No. BK3120739
Brokerage
SRS Real Estate Partners-SOFLO LLC
Title
Broker of Record
Name
Patrick Nutt
License
BK3120739
Name
William Wamble
License
SL3257920
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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