400 Rte 3
Plattsburgh, NY 12901
Chick-fil-A · Retail Property For Sale

Newly constructed and net leased Chick-fil-A in Plattsburgh, NY. The investment features a long term absolute NNN ground lease with 7 (5-year) options to extend. The 15 year lease is structured with 10% rental increases every five years, with no landlord responsibilities. The property is currently under construction and projected to open October 2018. The brand new Chick-fil-A is ideally located on Route 3—Plattsburgh’s busiest shopping corridor with 35,000+ vehicles per day—and is situated adjacent to Interstate 87 and within Plattsburgh’s primary shopping district. Strategically located at a signalized intersection across from the entrance to Consumer Square, the property is within a quarter mile from Super Walmart, Sam’s Club, T.J. Maxx, Michael’s, Staples, Buffalo Wild Wings, Chipotle, Panera Bread and other retailers. Champlain Centre Mall, Target, and Price Chopper are less than half a mile from the restaurant, as are many other retailers, grocers and pharmacies. It’s also within a mile of the two largest employers within Clinton County, University of Vermont Health Network - Champlain Valley Physicians Hospital and State University of NY at (SUNY) Plattsburgh. Plattsburgh is the county seat of Clinton County, located in the northeast corner of the state. It sits within the Champlain Valley, on the western shore of Lake Champlain and the edge of the Adirondack Mountains. Plattsburgh is located directly on the I-87 corridor, which stretches from Montreal, Quebec, Canada to New York City. Montreal is approximately 60 miles from Plattsburgh, and Canadian tourism significantly impacts the local economy. Albany, the state capital, is 150 miles away, while New York City is 300 miles from Plattsburgh.