Listed by SRS Real Estate Partners Newport Beach
$3,375,000
Chick-fil-A | Pensacola, FL
Details
APN 14-2S-30-8001-015-001
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,500
Cap Rate 4%
NOI $135,000
Occupancy 100%
Tenancy Single
Brand/Tenant Chick-fil-A
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 04/30/2041
Remaining Term 14.9
Rent Bumps Yes
Lease Options 10 (5-Year)
Price per SqFt $964
Year Built 2026
Zoning General Commercial
Parking Spaces 71 spaces
Parking Per SqFt 20.29
Tenant Credit Corporate Guarantee
Lease Commencement 04/15/2026
Ownership Leased Fee (Land Ownership)
Retail | 4.00% CAP | 3,500 SqFt
Investment highlights
Brand New 15-Year Lease | Scheduled Rental Increases | Brand New Construction | Established Brand
Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
Along Mobile Hwy | Across from Walmart Supercenter | Dense Retail Corridor
Strong Demographics in 5-Mile Trade Area | Direct Consumer Base
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$135,000.00
$11,250.00/mo
Valuation Metrics
0
DSCR
4%
Cap Rate
4%
ROI
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