Chick-fil-A Ground Lease 10741 NW 41st St 3,500 SF Retail Building Doral, FL 33178 $12,125,000 ($3,464.29/SF) 4% Cap Rate

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.