Your email has been sent.
Chick-fil-A | 12yrs Remain Corp NNN GL 2071 N Telegraph Rd 5,220 SF 4-Star Retail Building Monroe, MI 48162 $2,306,000 ($441.76/SF) 4.25% Cap Rate
Investment Highlights
- 12 Years Remaining | Options To Extend | 10% Rental Increases | Corporate Signature | Double Drive-Thru Equipped
- Prime Retail Corridor | Steps From Major Retail Destinations
- Direct Residential Consumer Base | Strong Trade Area Demographics
- NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Signalized, Hard Corner Intersection
Executive Summary
• 10% rental increases every 5 years during the primary term and at the beginning of each option period support NOI growth and provide a hedge against inflation
• The tenant, Chick-fil-A, Inc., is the corporate entity for Chick-fil-A, the third-largest QSR brand in the nation with more than 3,380 locations
• The property features double drive-thru infrastructure, promoting efficient customer flow and supporting tenant performance
Property Facts
Amenities
- Corner Lot
- Dedicated Turn Lane
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
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 | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-076-003-50 | Improvements Assessment | $766,500 |
| Land Assessment | $360,000 | Total Assessment | $1,126,500 |
Property Taxes
Presented by
Chick-fil-A | 12yrs Remain Corp NNN GL | 2071 N Telegraph Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.