Lehigh Acres, FL - Chick-fil-A

Description:

• Brand new 15-year lease with 10 (5-year) options to extend
• The lease features a corporate guaranty from Chick-fil-A, Inc., a private corporation with more than 3,220 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
• Chick-fil-A’s revenue for 2024 exceeded $22.7B

• Chick-fil-A fronts Homestead Rd (29,000 VPD)
• Just North of Veteran Park Academy, providing students and their families with an easy commute to the popular QSR chain
• The strong residential presence surrounding the site will provide a direct consumer base from which to draw
• Lehigh Acres currently has 38 active developments, encompassing over 2.6 million square feet of commercial space. Notable projects include:
• Savannah Lakes Expansion: A mixed-use development approved for 1,468 single-family units and 100,000 square feet of commercial frontage along Homestead Road S.
• Sunniland Town Center: Another mixed-use project approved for 810 single-family units and 100,000 square feet of commercial space.