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Chick-Fil-A | New 15yr Corp Abs NNN 16314 NW US Highway 441 4,927 SF 4-Star Retail Building Alachua, FL 32615 $9,093,023 CAD ($1,845.55 CAD/SF) 4.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 15-Year Lease | Scheduled Rental Increases | New Construction | Established Brand
- Along U.S. Hwy 441 | Interstate 75 | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
EXECUTIVE SUMMARY
• The tenant just recently signed a brand new 15-year lease with 13 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years and at the beginning of each option, growing NOI and hedging against inflation
• The site will feature a newly constructed, drive-thru equipped building with modern amenities and design
• The family-owned and privately held company has 3,279 Chick-Fil-A restaurants in the United States as of July 02, 2025
• The lease features 10% rental increases every 5 years and at the beginning of each option, growing NOI and hedging against inflation
• The site will feature a newly constructed, drive-thru equipped building with modern amenities and design
• The family-owned and privately held company has 3,279 Chick-Fil-A restaurants in the United States as of July 02, 2025
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,927 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$9,093,023 CAD
Price Per SF
$1,845.55 CAD
Cap Rate
4.50%
NOI
$409,187 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.37 AC
Parking
70 Spaces (14.21 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Restaurant
- Drive Thru
NEARBY MAJOR RETAILERS
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Chick-Fil-A | New 15yr Corp Abs NNN | 16314 NW US Highway 441
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