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Chick-fil-A - NNN Ground Lease 115 Plaza 611 Ln 4,730 SF Retail Building Stroudsburg, PA 18360 $3,767,125 CAD ($796.43 CAD/SF)
Investment Highlights
- Tenant recently expanded the drive thru lanes, installed an additional drive thru door, and improved parking lot at their own expense.
Executive Summary
Tenant recently expanded the drive thru lanes, installed an additional drive thru door, and improved parking lot at their own expense demonstrating their commitment to the location and the strength of the site.
Per Placer.ai, this Chick-fil-A ranks in the top 36% of all Chick-fil-A restaurants for visitation, a strong signal of sustained consumer demand at this specific trade area.
Chick-fil-A operates more than 3,100 restaurants nationwide, generating over $22 billion in systemwide sales with industry-leading average unit volumes of ~$9.3M per store.
20-year absolute NNN ground lease with 12.75 years remaining, plus six (6) five-year renewal options. The structure ensures zero landlord responsibilities, providing passive income ideal for out-of-state investors.
Per Placer.ai, this Chick-fil-A ranks in the top 36% of all Chick-fil-A restaurants for visitation, a strong signal of sustained consumer demand at this specific trade area.
Chick-fil-A operates more than 3,100 restaurants nationwide, generating over $22 billion in systemwide sales with industry-leading average unit volumes of ~$9.3M per store.
20-year absolute NNN ground lease with 12.75 years remaining, plus six (6) five-year renewal options. The structure ensures zero landlord responsibilities, providing passive income ideal for out-of-state investors.
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
4,730 SF
Building Class
B
Year Built
2019
Price
$3,767,125 CAD
Price Per SF
$796.43 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.11 AC
Zoning
C2 - Commerical
Parking
60 Spaces (12.68 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17.17.1.17-1 | Improvements Assessment | $929,085 CAD |
| Land Assessment | $405,187 CAD | Total Assessment | $1,334,271 CAD |
Property Taxes
Parcel Number
17.17.1.17-1
Land Assessment
$405,187 CAD
Improvements Assessment
$929,085 CAD
Total Assessment
$1,334,271 CAD
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Chick-fil-A - NNN Ground Lease | 115 Plaza 611 Ln
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