Listed by Hunington Properties
$4,800,000
Chick-fil-A Ground Lease
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 4,849
Cap Rate 3.75%
NOI $180,000
Tenancy Single
Lease Term 15
Rent Bumps Yes
Year Built 2026
Acreage 2.020
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease Yes
About This Property for Sale
Marketing description
PLEASE CONTACT FOR MORE INFORMATION:
Jeffrey Aron –[email protected]
Matthew Kivnani – [email protected]
Investment highlights
• Site located on the southeast corner of US-380 and Cypress Bend Pkwy next to
a brand new development retail strip center and a new development Freddy’s
Steak Burgers.
• Situated across US-380 from a Market Street development and proposed
power center with commitments from multiple national credit retailers.
• Since 2012, Princeton has seen a 416% increase in new home starts and a 65%
increase in median home prices. By 2050, the city’s population is projected to
grow to nearly 80,000 residents.
Listing Contacts
Listed by Hunington Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$180,000.00
$15,000.00/mo
Valuation Metrics
0
DSCR
3.75%
Cap Rate
3.75%
ROI
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