Chick-fil-A | New 15yr Corp Abs NNN | DrThru | 5705 Lone Tree Way
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Chick-fil-A | New 15yr Corp Abs NNN | DrThru 5705 Lone Tree Way
4,594 SF Retail Building Antioch, CA 94531 $7,955,000 ($1,732/SF) 4.40% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | Corporate Signed | Options To Extend | Scheduled Increases | Well Known & Established Brand
- Outparcel to Slatten Ranch (6.9M+ Visits) | Limited Competition | National/Credit Tenants | Top Performing Shopping Centers
- Strong Demographics In 5-Mile Trade Area | Affluent Community |San Francisco MSA
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Signalized, Hard Corner Intersection | State Hwy 4 (74,600 VPD) | Lone Tree Way (42,000 VPD) | Dual Drive-Thru Equipped
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, corporate signed, dual drive-thru equipped, Chick-fil-A investment property located in Antioch, California. The tenant, Chick-fil-A, Inc., recently signed a brand new 15 year lease with 6 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Chick-fil-A Inc. is an established and nationally recognized brand with over 3,000 locations.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,594 SF
Building Class
B
Year Built
2024
Price
$7,955,000
Price Per SF
$1,732
Cap Rate
4.40%
NOI
$350,020
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
1.33 AC
Zoning
P-D - Planned Development
Parking
70 Spaces (15.24 Spaces per 1,000 SF Leased)
Frontage
157 FT on Lone Tree Way
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Chic-Fil-A
- Retailer
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Chic-Fil-A | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 056-340-001-9 | Improvements Assessment | $0 |
| Land Assessment | $2,334,657 | Total Assessment | $2,334,657 |
PROPERTY TAXES
Parcel Number
056-340-001-9
Land Assessment
$2,334,657
Improvements Assessment
$0
Total Assessment
$2,334,657
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Power Broker Patrick Luther -
Power Broker Matthew Mousavi -
SRS National Net Lease
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Chick-fil-A | New 15yr Corp Abs NNN | DrThru | 5705 Lone Tree Way
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