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Chick-fil-A - Tampa FL 3800 Ehrlich Road 5,335 SF 4-Star Retail Building Tampa, FL 33624 $9,750,000 ($1,827.55/SF) 4% Cap Rate
Investment Highlights
- New 20-Year Lease | 2025 Construction | Options To Extend | Corporate Signed | Scheduled Rental Increases
- Signalized, Hard Corner Intersection | Trophy Real Estate | Dale Mabry & Ehrlich - Main & Main Tampa
- Dense Demographics In 5-mile Trade Area | High Population Growth
- Absolute NNN Ground Lease | Leased Fee (Land Ownership) |Zero Landlord Responsibilities | No State Income Tax
- Dale Mabry Highway - Recent & Influential Developments
Executive Summary
• Chick-fil-A recently signed a brand new 20-year lease with 10 (5-year) options to extend, demonstrating their long-term commitment to the site
• 2025 construction which features high-quality materials, high-level finishes, and distinct Chick-fil-A design elements
• The lease is corporate signed by Chick-fil-A, a private corporation with more than 3,220 stores under operation nationwide
• The lease features 8% rental increases every 5 years and at the beginning of each option
• Chick-fil-A’s revenue for 2024 exceeded $22.7B
• 2025 construction which features high-quality materials, high-level finishes, and distinct Chick-fil-A design elements
• The lease is corporate signed by Chick-fil-A, a private corporation with more than 3,220 stores under operation nationwide
• The lease features 8% rental increases every 5 years and at the beginning of each option
• Chick-fil-A’s revenue for 2024 exceeded $22.7B
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
5,335 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$9,750,000
Price Per SF
$1,827.55
Cap Rate
4%
NOI
$390,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.86 AC
Zoning
CG - Commercial General
Parking
69 Spaces (12.93 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | U-04-28-18-ZZZ-000000-79650.0 | Improvements Assessment | $88,222 |
| Land Assessment | $2,247,153 | Total Assessment | $2,335,375 |
Property Taxes
Parcel Number
U-04-28-18-ZZZ-000000-79650.0
Land Assessment
$2,247,153
Improvements Assessment
$88,222
Total Assessment
$2,335,375
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Chick-fil-A - Tampa FL | 3800 Ehrlich Road
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