Chick fil A Net Leased Investment Tampa MSA, Florida 4573 14th Street West, Bradenton FL Cap Rate 4%

Cap Rate: 4%
Building Size: 4,291 sqft
Lot Area: 1.27 acres
Lease Type: Triple Net
Year Built: 2013

Price: $2,612,500 USD

DESCRIPTION
Cushman & Wakefield's Retail Investment Advisors are pleased to offer for sale a 4,291 +/- square foot freestanding, retail building located at 4573 14th Street West, Bradenton (Tampa Bay MSA), FL 34207. The offering features a ground lease (NNN) to Chick-fil-A, Inc., with 8+ years remaining on an initial term of 15 years. The annual base rent of $104,500 increases by 10% every 5 years during the initial term and options.

HIGHLIGHTS
• Triple Net (NNN) ground leased asset at a highly-visible location and signalized intersection
• Prominent out-parcel to 274,398-SF Cortez Plaza, anchored by LA Fitness, Burlington and PetSmart
• Chick-fil-A is the largest chicken chain and third largest American fast food chain
• Chick-fil-A has the highest average store sales in the QSR industry
• Competitive price per square foot as it relates to rent

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
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