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Chick-fil-A Greensboro 3714 Battleground Ave 5,141 SF Retail Building Greensboro, NC 27410 $3,800,000 ($739.16/SF) 3.95% Cap Rate
INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN GROUND LEASE WITH 16+ YEARS OF REMAINING TERM
- PREMIER ACCESS AND VISIBILITY
- NEARBY NATIONAL ANCHOR RETAILERS
- STRONG FOOT TRAFFIC DATA
- STRATEGIC LOCATION
- PRIMARY RETAIL & COMMERCIAL CORRIDOR
EXECUTIVE SUMMARY
Chick-fil-A’s absolute NNN ground lease features ±16.5 years of term remaining. Positioned five miles northwest of downtown Greensboro, Chick-Fil-A is located along Battleground Avenue (31,000 VPD), and 0.5-miles south of the on-ramp to I-840 (15,500 VPD).
The property is immediately adjacent to Wendy’s & Goodyear and is an outparcel to Battleground Plaza, a 148,000 SF center anchored by Big Lots and Strive Fitness. Additionally it is adjacent to Walmart Supercenter and across the street from Brassfield Shopping Center which is home to Trader Joe’s, Lowe’s Outlet, Gold’s Gym, and more.
Chick-Fil-A boasts a central location within one of Greensboro’s primary retail and commercial corridors with 6.9 MSF of retail, 4.6 MSF of office and 2.2 MSF of industrial within a 3-mile radius of the site.
The property is immediately adjacent to Wendy’s & Goodyear and is an outparcel to Battleground Plaza, a 148,000 SF center anchored by Big Lots and Strive Fitness. Additionally it is adjacent to Walmart Supercenter and across the street from Brassfield Shopping Center which is home to Trader Joe’s, Lowe’s Outlet, Gold’s Gym, and more.
Chick-Fil-A boasts a central location within one of Greensboro’s primary retail and commercial corridors with 6.9 MSF of retail, 4.6 MSF of office and 2.2 MSF of industrial within a 3-mile radius of the site.
DATA ROOM Click Here to Access
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,141 SF
Building Class
C
Year Built
2022
Price
$3,800,000
Price Per SF
$739.16
Cap Rate
3.95%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
19.60 AC
Zoning
C-H - Commercial Highway
Parking
29 Spaces (5.64 Spaces per 1,000 SF Leased)
Frontage
291’ on 3714 Battleground Ave
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0081185 | Improvements Assessment | $7,373,300 |
| Land Assessment | $5,272,500 | Total Assessment | $12,645,800 |
PROPERTY TAXES
Parcel Number
0081185
Land Assessment
$5,272,500
Improvements Assessment
$7,373,300
Total Assessment
$12,645,800
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Chick-fil-A Greensboro | 3714 Battleground Ave
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