115 Plaza 611 Ln - Retail FOR SALE


Stroudsburg, PA 18360
$2,688,000 USD
949-374-1163
115 Plaza 611 Ln, Stroudsburg, PA for Sale
$2,688,000 USD
Retail - FOR SALE
1/8
null | Request Cap Rate

115 Plaza 611 Ln
Stroudsburg, PA 18360


HIGHLIGHTS

  • Tenant recently expanded the drive thru lanes, installed an additional drive thru door, and improved parking lot at their own expense.

OVERVIEW

Tenant recently expanded the drive thru lanes, installed an additional drive thru door, and improved parking lot at their own expense demonstrating their commitment to the location and the strength of the site. Per Placer.ai, this Chick-fil-A ranks in the top 36% of all Chick-fil-A restaurants for visitation, a strong signal of sustained consumer demand at this specific trade area. Chick-fil-A operates more than 3,100 restaurants nationwide, generating over $22 billion in systemwide sales with industry-leading average unit volumes of ~$9.3M per store. 20-year absolute NNN ground lease with 12.75 years remaining, plus six (6) five-year renewal options. The structure ensures zero landlord responsibilities, providing passive income ideal for out-of-state investors.

FOR SALE DETAILS

PRICE

$2,688,000 USD

PRICE/SF

$568 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A - NNN Ground Lease

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

CROSS STREETS

Wigwam Park Rd.

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

C2

APN/PARCEL ID

17.17.1.17-1

ASK ABOUT THIS PROPERTY

Miles ElamAiCRE PartnersMore Info
949-374-1163

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Miles ElamAiCRE PartnersMore Info
949-374-1163

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