Listed by Marcus & Millichap - San Diego
$4,285,714
CHICK-FIL-A W/ TRIPLE DRIVE-THRU | 15 YEAR NNN GROUND LEASE
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 5,108
Cap Rate 3.85%
NOI $165,000
Tenancy Single
Brand/Tenant Chick-fil-A
Lease Type NNN
Lease Expiration 12/31/2041
Remaining Term 15.6
Rent Bumps Yes
Class A
Year Built 2026
Acreage 2.150
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease Yes
W/in The District at Midtown - Densest Daytime Population in AR
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310710/chick-fil-a-w-triple-drive-thru
Investment highlights
- 15 Year Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 High Quality Prototype Building Featuring a Triple Drive-Thru.
- Positioned Along Area's Major Traffic & Retail Corridor – Features Easy Access and Excellent Visibility. One of the Most Heavily Traveled Locations in the State with Combined Daily Traffic Counts Exceeding 147k Vehicles. Direct Access from Interstate 630.
- Within The District at Midtown – A New Mixed-Use Development in the Heart of the Midtown Retail and Medical Districts at the NEC of Interstate 630 and S. University Avenue.
- The Area Enjoys the Densest Daytime Population in the State thanks to four Hospitals, more than 1 Million Sq.ft. of Retail and more than 500k Sq.ft. of Medical Office Space all within 2 miles.
- In Close Proximity to UAMS Medical Center – The University of Arkansas for Medical Sciences is one of the Region's Major Academic Health Centers. Recently Completed a 540k Sq.ft. Expansion, which gives the Teaching Hospital a total of 434 Beds.
- Chick-fil-A named the #1 Fast-Food Restaurant in America with Annual Sales of Nearly $19 Billion and Average Sales Per Unit of $9.3 Million.
- Walking Distance from the Little Rock Zoo – Arkansas's Largest Family Attraction located in the Heart of War Memorial Park with an Annual Attendance of more than 300k Visitors.
- Near the War Memorial Stadium – A 54k+ Seats Multi-Purpose Stadium – Host to Major College Football Games, Concerts, Events and the Secondary Home Stadium for the University of Arkansas Razorbacks.
- Across from CHI St. Vincent Infirmary Medical Center – A 600-Bed, 6,000+ Employees Acute-Care Hospital and Facility dedicated in High Quality, Compassionate Care Serving the Health Care needs of Arkansans, including Patients from all 75 Counties.
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$165,000.00
$13,750.00/mo
Valuation Metrics
0
DSCR
3.85%
Cap Rate
3.85%
ROI
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