10741 NW 41st St - Fast Food FOR SALE


Doral, FL 33178
$12,125,000 USD
415-690-5522
10741 NW 41st St, Doral, FL for Sale
$12,125,000 USD
Fast Food - FOR SALE
1/8
null | 4% Cap Rate

10741 NW 41st St
Doral, FL 33178


HIGHLIGHTS

  • 15-year absolute NNN ground lease to Chick-fil-A (3,000+ locations), ensuring stable, long-term cash flow
  • 8% rent increases every five years across the initial term and nine (9) five-year options, providing predictable income growth.
  • Tenant assumes full responsibility for taxes, insurance, maintenance, roof, structure, and parking lot, offering zero landlord obligations.
  • Corporate-backed lease by Chick-fil-A, Inc., a top-tier quick-service restaurant brand with over $21 billion in annual systemwide sales.

OVERVIEW

Situated at the intersection of NW 41st St (46,980 AADT) and NW 107th Ave (33,500 AADT) in Doral, the property benefits from high visibility in a bustling commercial corridor. Nearby retailers such as Walmart, Home Depot, and Sedano’s provide steady traffic, while CityPlace Doral, only half a mile away, adds a vibrant lifestyle component. The site serves a five-mile population of 291,207, with 91.7% of adults regularly visiting fast-food restaurants. The property features a 15-year absolute NNN ground lease with Chick-fil-A, Inc., commencing in January 2026. All responsibilities—including taxes, insurance, maintenance, roof, structure, and parking lot—fall on the tenant. The lease includes 8% rent increases every five years through the initial term and nine five-year options, offering up to 60 years of income stability. This hands-off structure maximizes investor returns with minimal operational involvement. Chick-fil-A, Inc., a privately held quick-service restaurant chain, operates over 3,000 locations and generates $21.3 billion in annual systemwide sales. The brand is known for its operational excellence and strong customer loyalty, and the corporate guarantee further enhances the reliability of the income stream. This location benefits from Chick-fil-A’s powerful market presence and consistent performance in high-traffic trade areas. The surrounding area features a five-mile population of 292,101, projected to remain stable through 2030. Within one mile, the average household income reaches $130,265, one of the highest in the region, supporting frequent dining out. With an average household size of 2.98, the area aligns naturally with Chick-fil-A’s family-oriented customer base. Built in 2025 on a 1.70-acre parcel, the property is part of a major new development in Doral, enhancing its long-term potential. The design optimizes both drive-thru and dine-in operations to serve the area’s fast-paced demographic. Proximity to Florida International University (56,000 students) and Doral Academy Charter (3,200+ students) contributes to consistent customer flow. The site is located 0.8 miles from the West Dade Expressway (99,000 AADT) and 1.2 miles from the Homestead Extension (85,500 AADT), tapping into strong regional connectivity. Nearby Beacon Centre, just one mile away, and Miami International Airport, five miles away, further amplify economic activity. Surrounding schools and retailers support diverse traffic patterns, positioning the property for sustained long-term demand.

FOR SALE DETAILS

PRICE

$12,125,000 USD

PRICE/SF

$3,464 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

71

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

7600

APN/PARCEL ID

35-3030-000-0020

ASK ABOUT THIS PROPERTY

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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Vincent AicaleCushman & WakefieldMore Info
415-690-5522

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.