Log In/Sign Up
Your email has been sent.
Chick-fil-A 7890 Bradley Long Dr dr 4,500 SF Retail Building Sherrills Ford, NC 28673 $5,298,016 CAD ($1,177.34 CAD/SF) 4% Cap Rate
Investment Highlights
- FRONTING MAJOR RETAIL CORRIDOR
- CHARLOTTE, NC - A TOP PERFORMING MARKET NATIONALLY
- AFFLUENT LAKE MARKET
Executive Summary
CORPORATE GUARANTEE FROM CREDIT TENANT
- Chick-Fil-A currently operates over 2,928 locations
- Employs over 200,000 people
- 2022 U.S. system sales totaled $18.8B (up 13% from 2021)
- 3rd Largest fast-food chain in the Country by sales volume (QSR Magazine)
FRONTING MAJOR RETAIL CORRIDOR
- Site fronts NC-150 (13,500 VPD), within a 1-mile radius of the Chick-Fil-A there is more than 175K SF of retail space boasting an overall vacancy rate of 0%
- Nearby National Retailers Include: Publix Super Market, Jersey Mike’s, Starbucks, and more
THE VILLAGES AT SHERRILLS FORD
- This 206-acre development boasts more than 6,000 residential lots and a large mix of retail, residential, and medical space
- With over 500k SF of commercial space this community is set to add over $100 million dollars in economic impact to the surrounding area
STRONG LEASE FUNDAMENTALS
- 15 year ground lease provides next owner with zero landlord responsibilities
- 10% rental increases in base term and option periods
CHARLOTTE, NC - A TOP PERFORMING MARKET NATIONALLY
- Charlotte, NC is now the 14th largest city in the U.S., with a population exceeding 943,000.
- From 2020 to 2024, Charlotte recorded the 4th largest population increase in the nation, adding more than 69,000 residents.
- Ranked among the top 10 hottest housing markets, Charlotte placed 7th nationally.
- Over the past decade, the Charlotte region has experienced 24% employment growth, with an additional 8% job expansion projected between 2024 and 2030
AFFLUENT LAKE MARKET
- Surrounding the site within a 1-mile radius the AHHI exceeds $125,000
- In a 5-mile radius there are more than 33K potential customers with an AHHI greater than $160,000
- Chick-Fil-A currently operates over 2,928 locations
- Employs over 200,000 people
- 2022 U.S. system sales totaled $18.8B (up 13% from 2021)
- 3rd Largest fast-food chain in the Country by sales volume (QSR Magazine)
FRONTING MAJOR RETAIL CORRIDOR
- Site fronts NC-150 (13,500 VPD), within a 1-mile radius of the Chick-Fil-A there is more than 175K SF of retail space boasting an overall vacancy rate of 0%
- Nearby National Retailers Include: Publix Super Market, Jersey Mike’s, Starbucks, and more
THE VILLAGES AT SHERRILLS FORD
- This 206-acre development boasts more than 6,000 residential lots and a large mix of retail, residential, and medical space
- With over 500k SF of commercial space this community is set to add over $100 million dollars in economic impact to the surrounding area
STRONG LEASE FUNDAMENTALS
- 15 year ground lease provides next owner with zero landlord responsibilities
- 10% rental increases in base term and option periods
CHARLOTTE, NC - A TOP PERFORMING MARKET NATIONALLY
- Charlotte, NC is now the 14th largest city in the U.S., with a population exceeding 943,000.
- From 2020 to 2024, Charlotte recorded the 4th largest population increase in the nation, adding more than 69,000 residents.
- Ranked among the top 10 hottest housing markets, Charlotte placed 7th nationally.
- Over the past decade, the Charlotte region has experienced 24% employment growth, with an additional 8% job expansion projected between 2024 and 2030
AFFLUENT LAKE MARKET
- Surrounding the site within a 1-mile radius the AHHI exceeds $125,000
- In a 5-mile radius there are more than 33K potential customers with an AHHI greater than $160,000
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,500 SF
Building Class
B
Year Built
2025
Price
$5,298,016 CAD
Price Per SF
$1,177.34 CAD
Cap Rate
4%
NOI
$211,921 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.14 AC
Frontage
847’ on Bradley Long Drive
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Chick-fil-A
- Retailer
- 4,500 SF
- -
- Aug 2040
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Chick-fil-A | Retailer | 4,500 SF | - | Aug 2040 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 4607168216580000 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,512,559 CAD | Total Assessment | $2,512,559 CAD |
Property Taxes
Parcel Number
4607168216580000
Land Assessment
$2,512,559 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,512,559 CAD
Contacts
-
David Hoppe -
Mike Lucier -
Ben Olmstead -
Connor Kuchman -
Ben McCarter -
Atlantic Capital Partners
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Chick-fil-A | 7890 Bradley Long Dr dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.