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Chick fil A - Absolute NNN Corp. Ground Lease 101 S Hilltop Rd

2,656 SF 4-Star Retail Building Brandon, FL 33511 $4,670,000 ($1,758/SF) 3.75% Cap Rate

Investment Highlights

  • Brand New 15 Yr. Absolute NNN Ground Lease by Chick fil A Inc. – Plus 10/5 Yr. Options Opens Soon!
  • Generational Opportunity to Purchase Iconic American Brand! Irreplaceable Dense Infill Trade Area
  • High Net Worth Coastal Suburb of Tampa Bay - Major Business Hub of Florida Huge Population Growth
  • High Profile Hard Corner along Hwy 60 (83,500 CPD) Surrounded by Major Retailers/Brandon H.S.
  • 2024 Double Drivethru Prototype - 10% Rent Bumps every 5 Yrs. - Zero LL Duties Strong Guarantee
  • Surrounded by Target/Walmart/Publix and near Brandon Mall Just off Interstate 75 (Main Corridor)

Executive Summary

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to acquire a Chick-fil-A corporate ground lease in the Tampa, FL MSA. The new long term absolute NNN ground lease has a 15-year primary term with ten 5-year option periods, 10% rent increases every 5 years and no landlord responsibilities, providing inflation resistant income for years to come.
The 2,656 SF quick service restaurant with double drive-thru’s on a 1.21-acre parcel is strategically positioned on the hard corner signalized intersection of S Hilltop Road and W Brandon Boulevard, which sees over 83,500 VPD, and is only 1.5 miles away from Interstate 75 (143,000 VPD). The subject property is within close proximity of numerous retail attractions including the Brandon Mall (1.1M SF super regional mall), Regency Square, Lake Brandon Village, Lake Brandon Plaza and Brandon Centre South with major retailers including Walmart Supercenter, Sam’s Club, Costco, Target, Lowe’s Home Improvement, Walgreens, McDonald’s, Starbucks, Wendy’s, Taco Bell
and countless others.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,656 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$4,670,000
Price Per SF
$1,758
Cap Rate
3.75%
NOI
$175,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.21 AC
Zoning
CG - Commercial Lot
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
207 FT on W Brandon Blvd

Amenities

  • Pylon Sign

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Whether greeting at the drive-thru or making a meal inside the restaurant, Chick-fil-A® Team Members strive to serve up memorable experiences for each and every guest. And they hope that dining with them inspires people to spread that sense of warmth to others, too. Eating on the go can be a challenge, but they want to help. From hand-breading the chicken for their classic sandwiches to sourcing fresh produce for their salads and fruit cups, quality food has always been a top priority. They believe in delivering great fast food every day (except Sundays). Their founder, S. Truett Cathy, made the decision to close on Sundays in 1946. He knew what it was like to work seven days a week in restaurants, so he saw the importance of letting his employees set aside one day to rest and worship if they choose. That’s a practice they still uphold today.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Accommodation and Food Services - $9.99 Lorem Ipsum Jan 0000

Nearby Major Retailers

Suncoast Credit Union
Boston Market
Mission BBQ
Steak ‘n Shake
Waffle House
Checkers
Chase Bank
Miller's Ale House
Denny's
Publix Super Markets

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
U-28-29-20-ZZZ-000002-67540.0
Land Assessment
$1,118,940
Improvements Assessment
$45,766
Total Assessment
$1,164,706
  • Listing ID: 33907857

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 101 S Hilltop Rd, Brandon, FL 33511

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