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Chick-fil-A - Ft Myers-Cape Coral MSA 1110 Homestead Rd N 5,614 SF Retail Building Lehigh Acres, FL 33936 $3,125,000 ($556.64/SF) 4% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 15-Year Lease | Corporate Guaranty (Chick-fil-A, Inc.) |2025 Construction | Several Option Periods | Rental Increases
- Fronting Homestead Rd | Just North of Veteran Park Academy |Strong Residential Consumer Base | Surrounding Retail Users
- Strong Demographics In Local Trade Area
- Absolute NNN Ground Lease | Leased Fee (Land Ownership) |Zero Landlord Responsibilities | No State Income Tax
- Placer.ai Rankings | Publix-Anchored Center | Sunshine Plaza
EXECUTIVE SUMMARY
• 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
• 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
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
5,614 SF
Building Class
C
Year Built
2025
Price
$3,125,000
Price Per SF
$556.64
Cap Rate
4%
NOI
$125,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.85 AC
Zoning
C-2 - Commercial
Parking
70 Spaces (12.47 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 31-44-27-05-00006.30B0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,497,034 |
PROPERTY TAXES
Parcel Number
31-44-27-05-00006.30B0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,497,034
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Chick-fil-A - Ft Myers-Cape Coral MSA | 1110 Homestead Rd N
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