7602 Trailside Dr
West Chester, OH 45069
Chick-Fil-A · Retail Property For Sale

CBRE is pleased to exclusively present for sale this Chick-Fil-A property located in West Chester, Ohio. This is a NNN ground lease structure with zero landlord responsibilities or expenses. There are over 13 years remaining in the initial 15 year lease term, with five, five year options to renew. There are 7.5% rental increases every 5 years in the base term of the lease and in each option period. The lease is corporately guaranteed by Chick-Fil-A, rated 2018 Best Franchise Brand by Airport Revenue News, with 2018 revenue reported over $10 billion. This 4,594 square foot building sits on 1.15 acres at the signalized intersection of Liberty Way and Tylers Place Blvd with traffic counts over 29,000 vehicles per day. The site is also located just off Interstate 75, with traffic counts exceeding 105,000 vehicles per day. Chick-Fil-A is situated as a pad site to Cabela's first location in southern Ohio, and surrounded by national tenants MOD Pizza, Verizon, Freddy's and Potbelly. The property is also located across from Liberty Center, a 1.3 million square foot mixed-use center, home to DICK's Sporting Goods, Dillard's, Starbucks, over 60 restaurants and retail stores, AC by Marriott, and 258 apartment units. Additional new developments within the area include a Holiday Inn Express (0.5 miles from subject property) along I-75 and Christ Hospital's new 125,000sqft medical hub (1 mile from subject property) which opened in 2018. West Chester is the most populous township in Ohio, and is ideally located just 18 miles from Cincinnati. This NNN ground lease structure with zero landlord responsibilities, coupled with a strong location and successful tenant makes this an ideal investment for the astute investor.