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Chick-fil-A 16310 NW US Highway 441 4,927 SF 4-Star Retail Building Alachua, FL 32615 $6,514,000 ($1,322.10/SF) 4.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 15-Year Lease | Scheduled Rental Increases | New Construction | Established Brand
- Off Signalized Hard Corner Intersection | Part of Santa Fe Crossings Off I-75 | Surrounding Retail | Santa Fe High School
- Absolute NNN | Fee Simple Ownership | No State Income Tax | Zero Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
EXECUTIVE SUMMARY
• The tenant just recently signed a brand new 15-year lease with 13 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years and at the beginning of each option, growing NOI and hedging against inflation
• The site will feature a newly constructed, drive-thru equipped building with modern amenities and design
• The family-owned and privately held company has 3,354 Chick-Fil-A restaurants in the United States as of October 2025
• The lease features 10% rental increases every 5 years and at the beginning of each option, growing NOI and hedging against inflation
• The site will feature a newly constructed, drive-thru equipped building with modern amenities and design
• The family-owned and privately held company has 3,354 Chick-Fil-A restaurants in the United States as of October 2025
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,927 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Construction Status
Proposed
Price
$6,514,000
Price Per SF
$1,322.10
Cap Rate
4.50%
NOI
$293,131
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.37 AC
Zoning
PD - Planned Development
Parking
70 Spaces (14.21 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03044-003-000 | Improvements Assessment | $482,638 |
| Land Assessment | $2,266,383 | Total Assessment | $2,749,021 |
PROPERTY TAXES
Parcel Number
03044-003-000
Land Assessment
$2,266,383
Improvements Assessment
$482,638
Total Assessment
$2,749,021
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Chick-fil-A | 16310 NW US Highway 441
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