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Chick-fil-A | New 15yr Corp Abs Grd Lse 41902 Jackson St 4,878 SF Retail Building Indio, CA 92203 $5,500,000 ($1,127.51/SF) 4% Cap Rate
Investment Highlights
- New 15-Year Lease | Corporate Guaranty | 2026 Construction
- The Greens Indio Retail Development | National Retail Corridor
- Strong Demographics In 5-Mile Trade Area | Six-Figure Incomes
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Tourism & Retail Destination | The Oasis at Indio Development
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, new construction, corporate guaranteed Chick-fil-A investment property located in Indio, California (Palm Springs MSA). The tenant, Chick-fil-A, recently signed a brand new 15 year lease with
3 (5-year) and 1 (4-year and 5-month) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Chick-fil-A is among the most popular QSR brands in the country with 3,350+ locations.
3 (5-year) and 1 (4-year and 5-month) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Chick-fil-A is among the most popular QSR brands in the country with 3,350+ locations.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Building Size
4,878 SF
Year Built
2026
Construction Status
Under Construction
Price
$5,500,000
Price Per SF
$1,127.51
Cap Rate
4%
NOI
$220,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.92 AC
Zoning
RC - Regional Commercial
Parking
64 Spaces (13.12 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Restaurant
- Signalized Intersection
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 8
Videos
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Photos
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Chick-fil-A | New 15yr Corp Abs Grd Lse | 41902 Jackson St
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