Restaurant
Chick-fil-A
8810 36th Ave NE, Marysville, WA 98270
Listing Price: $3,125,000
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Chick-fil-A located at 8810 36th Avenue NE in Marysville, WA. The site consists of roughly 4,425 rentable square feet of building space on estimated 0.85-acre parcel of land. This Chick-fil-A is subject to a 15-year absolute triple-net (NNN) lease, which commenced February 31st, 2020. The current annual rent is $125,000 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 6, 5-year renewal options.
Listing Price: $3,125,000
Investment Highlights
- Original 15-Year Absolute Triple-Net (NNN) Lease
- Approximately 12.5 Years Remaining
- Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Chick-fil-A located at 8810 36th Avenue NE in Marysville, WA. The site consists of roughly 4,425 rentable square feet of building space on estimated 0.85-acre parcel of land. This Chick-fil-A is subject to a 15-year absolute triple-net (NNN) lease, which commenced February 31st, 2020. The current annual rent is $125,000 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 6, 5-year renewal options.
