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Restaurant

Chick-Fil-A Ground Lease

15899 New Independence Pkwy, Winter Garden, FL 34787

Listing Price: $5,733,000

Cap Rate
3.75%
Tenant Name
Chick-Fil-A
Years Remaining On Lease
14.1
Guarantor
Corporate Guarantee
Rentable SF
5,000
Lease Type
NNN Ground Lease
Rent Per Square Feet
$43.00

Investment Overview

Chick-fil-A, Inc. is an Atlanta-based, family owned and privately held restaurant company founded in 1946 by S. Truett Cathy. The Company has steadily grown to become the largest quick service chicken restaurant chain in the United States, based on domestic annual sales, with nearly 2,700 locations in 47 states and the District of Columbia.
Hamlin is the town center of Horizon West, a 21,000-acre master planned community that has experienced over 234 percent population growth from 2013 to 2022, making it one of the fastest-growing communities in the U.S. It comprises five residential villages, carefully designed to ensure residents are within close proximity to schools, public parks, trails, and other amenities.

Investment Highlights

  • New 15-Year Absolute Triple-Net (NNN) Ground Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • High-Quality 2023 Construction with a Dual Lane Drive-Thru
  • Rapidly Growing Trade Area - Households and Population Projected to Increase Over 16.21 Percent within One Mile by 2028
  • Average Household Income Exceeds $102,000 in the Immediate Area

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Restaurant

Chick-Fil-A Ground Lease

Listing Price: $5,733,000

Cap Rate
3.75%
Tenant Name
Chick-Fil-A
Years Remaining On Lease
14.1
Guarantor
Corporate Guarantee
Rentable SF
5,000
Lease Type
NNN Ground Lease
Rent Per Square Feet
$43.00

Investment Highlights

  • New 15-Year Absolute Triple-Net (NNN) Ground Lease with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • High-Quality 2023 Construction with a Dual Lane Drive-Thru
  • Rapidly Growing Trade Area - Households and Population Projected to Increase Over 16.21 Percent within One Mile by 2028
  • Average Household Income Exceeds $102,000 in the Immediate Area

Investment Overview

Chick-fil-A, Inc. is an Atlanta-based, family owned and privately held restaurant company founded in 1946 by S. Truett Cathy. The Company has steadily grown to become the largest quick service chicken restaurant chain in the United States, based on domestic annual sales, with nearly 2,700 locations in 47 states and the District of Columbia. Hamlin is the town center of Horizon West, a 21,000-acre master planned community that has experienced over 234 percent population growth from 2013 to 2022, making it one of the fastest-growing communities in the U.S. It comprises five residential villages, carefully designed to ensure residents are within close proximity to schools, public parks, trails, and other amenities.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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