1110 Homestead Rd N - Fast Food FOR SALE


Lehigh Acres, FL 33936- Richmond
$3,125,000 USD
813-434-8278
1110 Homestead Rd N, Lehigh Acres, FL for Sale
$3,125,000 USD
Fast Food - FOR SALE
1/6
null | 4% Cap Rate

1110 Homestead Rd N
Lehigh Acres, FL 33936
Richmond


HIGHLIGHTS

  • Brand New 15-Year Lease | Corporate Guaranty (Chick-fil-A, Inc.) |2025 Construction | Several Option Periods | Rental Increases
  • Absolute NNN Ground Lease | Leased Fee (Land Ownership) |Zero Landlord Responsibilities | No State Income Tax
  • Fronting Homestead Rd | Just North of Veteran Park Academy |Strong Residential Consumer Base | Surrounding Retail Users
  • Placer.ai Rankings | Publix-Anchored Center | Sunshine Plaza
  • Strong Demographics In Local Trade Area

OVERVIEW

• Brand new 15-year lease with 10 (5-year) options to extend • The lease features a corporate guaranty from Chick-fil-A, Inc., a private corporation with more than 3,220 stores under operation nationwide • 10% rental increases every 5 years during the initial term, and at beginning of each option period to extend the lease term • Chick-fil-A’s revenue for 2024 exceeded $22.7B

FOR SALE DETAILS

PRICE

$3,125,000 USD

PRICE/SF

$397 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A - Ft Myers-Cape Coral MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

C-2

APN/PARCEL ID

31-44-27-05-00006.30B0

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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William WambleSRS Real Estate PartnersMore Info
813-434-8278

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