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Chick Fil A | Abs NNN Ground Lease 18240 S Dixie Hwy 5,908 SF 4-Star Retail Building Miami, FL 33157 $9,625,000 ($1,629.15/SF) 4% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | Corporate Signature (Chick-fil-A, Inc.) |2024 Construction | Several Option Periods | Rental Increases
- Strong Demographics In Local Trade Area | Six Figure Incomes
- Absolute NNN Ground Lease | Leased Fee (Land Ownership) |Zero Landlord Responsibilities | No State Income Tax
- Across From Publix at South Dade Plaza | Strong Tenant Synergy |Florida Turnpike (191,000 VPD) | Nearby New Development Projects
Property Facts
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- Dec 2039
Chick-fil-A began in 1946 when Truett Cathy opened Dwarf Grill in Georgia. The original restaurant pioneered pressure-cooked chicken sandwiches that became the foundation for the chain. By 1967, Cathy opened the first branded Chick-fil-A location in Atlanta's Greenbriar Mall. The company grew through mall-based locations in the 1970s-80s before expanding to standalone restaurants. Today, the chain operates thousands of locations nationwide while maintaining its signature pressure-cooked chicken products and family-owned business structure. The company remains closed on Sundays as part of its founding principles.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | Dec 2039 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-5032-034-0010 | Improvements Assessment | $1,204,076 |
| Land Assessment | $4,090,260 | Total Assessment | $5,294,336 |
Property Taxes
Presented by
Chick Fil A | Abs NNN Ground Lease | 18240 S Dixie Hwy
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