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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

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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

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,908 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2025
Price
$9,625,000
Price Per SF
$1,629.15
Cap Rate
4%
NOI
$385,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.56 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
58 Spaces (9.82 Spaces per 1,000 SF Leased)
Frontage
148’ on South Dixie Highway

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 is a privately held quick-service restaurant chain best known for its chicken sandwiches and customer service. Founded in 1946 by S. Truett Cathy in Hapeville, Georgia, the company has grown into one of the largest fast-food brands in the United States, with thousands of locations nationwide. Headquartered in College Park, Georgia, Chick-fil-A operates under a unique corporate culture that emphasizes hospitality and community engagement. The company is notable for its policy of closing all locations on Sundays, a practice rooted in its founder’s principles. Chick-fil-A’s menu centers on chicken-based offerings, including sandwiches, nuggets, and salads, complemented by signature waffle fries and beverages. In addition to its domestic presence, the brand has expanded internationally with select locations in Canada and the United Kingdom. The company remains family-owned and privately held.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Accommodation and Food Services - - Dec 2039
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Orangetheory Fitness
Stretch Zone
Publix
Chase Bank
Checkers Liquors Viii Inc
IHOP
Miami Grill
SouthState Bank
Sky Zone
Toyota

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-5032-034-0010
Land Assessment
$4,090,260
Improvements Assessment
$1,204,076
Total Assessment
$5,294,336
  • Listing ID: 34226641

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: 18240 S Dixie Hwy, Miami, FL 33157

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