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Restaurant

Chick-fil-A Double Drive-Thru | New 15-Yr. NNN | Fee Simple Interest

201 Market Dr, Emporia, VA 23847

Listing Price: $6,729,000

Cap Rate
4.80%
Tenant Name
Chick-fil-A
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
4,957
Lease Type
Absolute Net
Rent Per Square Feet
$65.16

Investment Overview

Marcus & Millichap is pleased to present the Chick-fil-A in Emporia, VA.

Investment Highlights

  • 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
  • Corporate Guaranty, Over 3,000 Locations and System-Wide Sales of $21.6 Billion
  • 3rd Largest Fast-Food Chain in the U.S. with Average Sales of $9.3 Million Per-Store
  • Chick-fil-A has Experienced 55 Consecutive Years of Sales Growth
  • Average Unit-Level Sales for Chick-fil-A is Over $9.3 Million
  • Brand New Construction Featuring Latest Prototype with a Double Drive-Thru
  • Strategic Location, Closest Chick-fil-A is Over 21 Miles Away
  • Serving Over 30,000 Residents in Expanded Trade Area

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

Restaurant

Chick-fil-A Double Drive-Thru | New 15-Yr. NNN | Fee Simple Interest

Listing Price: $6,729,000

Cap Rate
4.80%
Tenant Name
Chick-fil-A
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
4,957
Lease Type
Absolute Net
Rent Per Square Feet
$65.16

Investment Highlights

  • 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
  • Corporate Guaranty, Over 3,000 Locations and System-Wide Sales of $21.6 Billion
  • 3rd Largest Fast-Food Chain in the U.S. with Average Sales of $9.3 Million Per-Store
  • Chick-fil-A has Experienced 55 Consecutive Years of Sales Growth
  • Average Unit-Level Sales for Chick-fil-A is Over $9.3 Million
  • Brand New Construction Featuring Latest Prototype with a Double Drive-Thru
  • Strategic Location, Closest Chick-fil-A is Over 21 Miles Away
  • Serving Over 30,000 Residents in Expanded Trade Area

Investment Overview

Marcus & Millichap is pleased to present the Chick-fil-A in Emporia, VA.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

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