Restaurant
Chick-fil-A
6965 Security Blvd, Baltimore, MD 21244
Listing Price: $3,620,000
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.
Listing Price: $3,620,000
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.
