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Chick-fil-A | New 15yr Corp Abs NNN 4735 Mobile Hwy 3,500 SF 4-Star Retail Building Pensacola, FL 32506 $4,626,416 CAD ($1,321.83 CAD/SF) 4% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | Scheduled Rental Increases | Brand New Construction | Established Brand
- Along Mobile Hwy | Across from Walmart Supercenter | Dense Retail Corridor
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area | Direct Consumer Base
Executive Summary
The tenant just recently signed a brand new 15-year lease with 10 (5-year) options to extend, demonstrating their commitment to the site. The lease features 8% rental increases every 5 years during the initial term and at the beginning of each option, growing NOI and hedging against inflation. The newly constructed site will feature a state-of-the-art design with high-quality materials.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Price
$4,626,416 CAD
Price Per SF
$1,321.83 CAD
Cap Rate
4%
NOI
$185,057 CAD
Tenancy
Single
Building Height
1 Story
Zoning
GC-1 - General Commercial
Parking
71 Spaces (20.29 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Chick-fil-A
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Chick-fil-A | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-2S-30-8001-015-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $583,581 CAD | Total Assessment | $583,581 CAD |
Property Taxes
Parcel Number
14-2S-30-8001-015-001
Land Assessment
$583,581 CAD
Improvements Assessment
$0 CAD
Total Assessment
$583,581 CAD
Contacts
-
Patrick Luther -
Matthew Mousavi -
Michael Carter -
Frank Rogers -
SRS National Net Lease
1 of 8
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Chick-fil-A | New 15yr Corp Abs NNN | 4735 Mobile Hwy
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