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Chick-Fil-A | 14yrs Remain Corp Abs NNN Grd L 4312 N Varsity Ave 4,761 SF Retail Building San Bernardino, CA 92407 $9,047,119 CAD ($1,900.26 CAD/SF) 3.75% Cap Rate
Investment Highlights
- 14 Years Remaining | Scheduled Increases | Options To Extend |Corporate Guaranteed | Drive-Thru Equipped | Excellent Signage
- Corner Intersection (Combined 129,600 VPD) | Dense QSR Corridor
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area | Direct Consumer Base California State University of San Bernardino (17,900+ Students)
Executive Summary
Chick-fil-A investment property located in San Bernardino, California. The tenant has approximately 14 years remaining on its lease, with four (5-year) options to extend, demonstrating a long-term commitment to the site. The lease features 10% rental increases every five years throughout the initial term and at the start of each option period, providing a strong hedge against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. The property features 2024 construction with state-of-the-art materials, a dual drive-thru, and excellent visibility via prominent signage on a 75-foot tall pylon sign fronting Interstate 215, further enhancing traffic capture and brand exposure.
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Accommodation and Food Services
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99,999 SF
- -
-
Jan 0000
Chick-fil-A is a privately held quick-service restaurant chain best known for its chicken sandwiches and customer service. Founded in 1946 by S. Truett Cathy in Hapeville, Georgia, the company has grown into one of the largest fast-food brands in the United States, with thousands of locations nationwide. Headquartered in College Park, Georgia, Chick-fil-A operates under a unique corporate culture that emphasizes hospitality and community engagement. The company is notable for its policy of closing all locations on Sundays, a practice rooted in its founder’s principles. Chick-fil-A’s menu centers on chicken-based offerings, including sandwiches, nuggets, and salads, complemented by signature waffle fries and beverages. In addition to its domestic presence, the brand has expanded internationally with select locations in Canada and the United Kingdom. The company remains family-owned and privately held.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Accommodation and Food Services | 99,999 SF | - | Jan 0000 |
Nearby Major Retailers
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Chick-Fil-A | 14yrs Remain Corp Abs NNN Grd L | 4312 N Varsity Ave
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