Riverview, FL - Chick-fil-A

Description:

• Brand new 15-year lease with 8 (5-year) options to extend
• The lease features a corporate guaranty from Chick-fil-A, Inc., a private corporation with more than 3,380 stores under operation nationwide
• 10% rental increases every 5 years during the initial term, and at beginning of each option period to extend the lease term
• 2026 construction with drive-thru features high quality materials, distinct design elements, and high-level finishes

• On signalized, hard corner intersection of 301 and Paseo Al Mar Blvd averaging a combined 30,800 VPD
• Just East of I-75 (154,000 VPD), allowing users to benefit from direct on/off ramp access to the site and surrounding trade areas
• St. Joseph’s Hopsital South Completes Three Year $120M Expansion
• Near shopping center anchored by Walmart Neighborhood Market & Sam’s Club that features other retailers such as Firestone, Chase Bank, Burger King, Walgreens, and more
• Sam’s Club ranks in the 73rd percentile (148 out of 563) of all nationwide locations via Placer.ai
• Walmart ranks in the 75th percentile (165 out of 677) of all nationwide locations via Placer.ai
• Across Publix that ranks in the 79th percentile (276 out of 1,369) of all nationwide locations via Placer.ai
• Ace Golf Riverview re-development into mixed-use project
• Construction has begun on a 211-unit apartment complex just West of the subject site right off I-75 and will feature three four-story buildings with one-, two- and three-bedroom units averaging 989 square feet

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Listing ID: a28TP000002neJJYAY