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Chick-fil-A | 13yrs Remain Abs NNN w/ Incrs 14011 Spring Cypress Rd 5,007 SF Retail Building Cypress, TX 77429 $3,506,000 ($700.22/SF) 3.85% Cap Rate
Investment Highlights
- Corporate Guaranteed Ground Lease | Options To Extend | Scheduled Rental Increases
- Across From HEB Anchored Center | Primary Retail Corridor
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• The tenant, Chick-fil-A, has 13-years remaining with 10 (5-year) option periods to extend, demonstrating their commitment to the site
• The lease features 10% rental increases throughout the initial term and at the beginning of each option period
Property Facts
Amenities
- Corner Lot
- Dedicated Turn Lane
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Chick-fil-A began in 1946, when S. Truett Cathy and his brother Ben opened the Dwarf Grill in Georgia, laying the foundation for the company's restaurant business. The first Chick-fil-A restaurant opened in 1967, and the company grew around a menu centered on chicken sandwiches, breakfast items, salads, sides, and beverages. Chick-fil-A operates as a quick-service restaurant brand with a strong catering business and a mix of dine-in, drive-thru, and digital ordering services. The company also supports food quality and sourcing programs while maintaining a wide presence across the United States and select international markets.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 1185140220060 | Improvements Assessment | $1,292,165 |
| Land Assessment | $686,070 | Total Assessment | $1,978,235 |
Property Taxes
Presented by
Chick-fil-A | 13yrs Remain Abs NNN w/ Incrs | 14011 Spring Cypress Rd
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