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Restaurant

Chick-fil-A

6965 Security Blvd, Baltimore, MD 21244

Listing Price: $3,620,000

Cap Rate
3.75%
Tenant Name
Chick-fil-A
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
4,989
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.21

Investment Overview

The NNN Pro Group of Marcus & Millichap is pleased to present the exclusive listing for the Chick-fil-A located at 6965 Security Boulevard in Baltimore, Maryland. The site consists of roughly 4,989 rentable square feet of building space on an estimated 1.46-acre parcel of land. This Chick-fil-A opened on December 12, 2022 and is subject to a 20-year absolute triple-net (NNN) ground lease. The initial annual rent is$135,750 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 8, 5-year renewal options.

Investment Highlights

  • Brand-New 20-Year Ground Lease | Store Just Opened ? Absolute Triple Net | Zero Landlord Responsibilities
  • Attractive Rental Escalations | 10% Every 5 Years
  • (8) Eight, (5) Five-Year Options Bringing the Potential Lease Term to 60 Years!

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (201) 742-6100

    License(s) MD: 5005538

    Maryland

Listing Price: $3,620,000

Cap Rate
3.75%
Tenant Name
Chick-fil-A
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
4,989
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.21

Investment Highlights

  • Brand-New 20-Year Ground Lease | Store Just Opened ? Absolute Triple Net | Zero Landlord Responsibilities
  • Attractive Rental Escalations | 10% Every 5 Years
  • (8) Eight, (5) Five-Year Options Bringing the Potential Lease Term to 60 Years!

Investment Overview

The NNN Pro Group of Marcus & Millichap is pleased to present the exclusive listing for the Chick-fil-A located at 6965 Security Boulevard in Baltimore, Maryland. The site consists of roughly 4,989 rentable square feet of building space on an estimated 1.46-acre parcel of land. This Chick-fil-A opened on December 12, 2022 and is subject to a 20-year absolute triple-net (NNN) ground lease. The initial annual rent is$135,750 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 8, 5-year renewal options.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (201) 742-6100

    License(s): MD: 5005538

    Maryland

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