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Palm Beach County Chick-fil-A 2625 10th Ave N 6,111 SF Retail Building Village Of Palm Springs, FL 33461 $5,400,000 ($883.65/SF) 3.98% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN - ZERO Landlord responsibilities
- Highly sought after Palm Beach County location with frontage along busy commercial corridor
- Strong co-tenancy with Chase Bank, Chipotle, and Woodspring Suites
- Oversized parcel - 1.8 acres
EXECUTIVE SUMMARY
Newly constructed Chick-fil-A on ABSOLUTE NNN 15-year ground lease. Large 1.8 Acre site.
Part of a new development including a newly constructed free standing Chipotle, an existing free standing Chase Bank and a new Woodspring Suites extended stay hotel. About 1/4 mile west of I-95 on busy 10th Avenue in the Village of Palm Springs. Palm Springs is in the center of Palm Beach County--one of the hottest real estate markets in the Country! A super Walmart is located just West of the property.
Part of a new development including a newly constructed free standing Chipotle, an existing free standing Chase Bank and a new Woodspring Suites extended stay hotel. About 1/4 mile west of I-95 on busy 10th Avenue in the Village of Palm Springs. Palm Springs is in the center of Palm Beach County--one of the hottest real estate markets in the Country! A super Walmart is located just West of the property.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Building Size
6,111 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$5,400,000
Price Per SF
$883.65
Cap Rate
3.98%
NOI
$215,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.81 AC
Zoning
CG - General commercial uses including retail, office, and service businesses in Palm Springs.
AMENITIES
- Drive Thru
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 70-43-44-20-40-002-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,860,925 |
PROPERTY TAXES
Parcel Number
70-43-44-20-40-002-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,860,925
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Palm Beach County Chick-fil-A | 2625 10th Ave N
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