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Restaurant

Chick-fil-A

2525 N Belt Line Rd, Irving, TX 75062

Listing Price: $3,200,000

Cap Rate
3.75%
Tenant Name
Chick-fil-A
Years Remaining On Lease
14.8
Guarantor
Corporate Guarantee
Rentable SF
4,992
Lease Type
Ground Lease
Rent Per Square Feet
$24.04

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Chick-fil-A located at 2525 N Belt Line Road in Irving, Texas. The site consists of roughly 4,992 rentable square feet of building space on estimated 1.35-acre parcel of land. This Chick-fil-A is subject to a 15-year ground lease where rent will commence on November 18th, 2022. The annual rent will be $120,000 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 5, 5-year renewal options.

Investment Highlights

  • #1 Rated Fast Food Restaurant
  • Average Unit Volume: $8 Million
  • 54 Consecutive Years of Sales Growth

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Restaurant

Chick-fil-A

Listing Price: $3,200,000

Cap Rate
3.75%
Tenant Name
Chick-fil-A
Years Remaining On Lease
14.8
Guarantor
Corporate Guarantee
Rentable SF
4,992
Lease Type
Ground Lease
Rent Per Square Feet
$24.04

Investment Highlights

  • #1 Rated Fast Food Restaurant
  • Average Unit Volume: $8 Million
  • 54 Consecutive Years of Sales Growth

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Chick-fil-A located at 2525 N Belt Line Road in Irving, Texas. The site consists of roughly 4,992 rentable square feet of building space on estimated 1.35-acre parcel of land. This Chick-fil-A is subject to a 15-year ground lease where rent will commence on November 18th, 2022. The annual rent will be $120,000 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 5, 5-year renewal options.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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