Listed by Marcus & Millichap - Orange County
$10,333,333
Chick-fil-A: Rare Triple Drive-Thru Location
Details
APN 1248690010002
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,700
Cap Rate 4.5%
NOI $465,000
Occupancy 100%
Tenancy Single
Brand/Tenant Chick-fil-A
Lease Type Absolute NNN
Lease Term 15.3
Lease Expiration 07/29/2040
Remaining Term 14.2
Rent Bumps Yes
Lease Options Ten, Five-Year @ 10%
Price per SqFt $3,827
Broker Co-Op Yes
Year Built 2025
Acreage 1.380
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/31/2025
Occupancy Date 03/31/2025
Ground Lease Yes
Seller Will Respond to Reasonable Offers
Marketing description
Brand New Prototype Chick-fil-A with Rare 3-Lane Drive-Thru
Brand New Construction, 15-Year Ground Lease
Located on the Corner of Two Signalized Intersections and Surrounded by Three Streets
Listing Contacts
Listed by Marcus & Millichap - Orange County
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$465,000.00
$38,750.00/mo
Valuation Metrics
0
DSCR
4.5%
Cap Rate
4.5%
ROI
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