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Chick Fil A – Grand Island, Ne

$2,632,000

Grand Island, NE 68803

Active
Last Updated: 09/04/2025

4.75

Cap Rate

125,000

NOI

Details:
Cap Rate:    4.75%
NOI:    $125,000
Building Size:    5,020 sqft
Lot Area:    1.98 acres
Occupancy:    100%
Lease Type:    Absolute Net
Year Built:    2025
Zoning:    C
Tenancy:    Single
Lease Expire Year:    09/04/2040
Highlights:
  • BRAND NEW 15-YEAR ABSOLUTE NNN GROUND LEASE: Brand new 15-year Absolute NNN Ground lease (conveying ownership - underlying ground only) with attractive 10% rental escalations every 5 years!
  • CORPORATLEY GUARANTEED LEASE: Atlanta-based Chick-Fil-A, Inc. operates more than 3,270 restaurants in the United States, Puerto Rico and Canada
  • BRAND NEW CONSTRUCTION: Chick-Fil-A’s latest prototype with an impressive double car stack in drive-thru! Slated to open October 2025
  • DOMINANT RETAIL CORRIDOR | TRAFFIC COUNTS: Prime pad site to a newly renovated Conestoga Marketplace & newly constructed Target, spanning approximately ±1.98 acres - this highly visible and accessible location is positioned in a dominant retail corridor just off the northeast corner of US Hwy 281 N & W 13th St, with traffic counts of 33,983 CPD!
  • 2025 DEMOGRAPHICS: Total Population (5MI): 55,334 | Average Household Income (1MI): $97,627
Description:

Chick-Fil-A has a Brand new 15-year Absolute NNN Ground lease (conveying ownership - underlying ground only) with attractive 10% rental escalations every 5 years! Atlanta-based Chick-Fil-A, Inc. operates more than 3,270 restaurants in the United States, Puerto Rico and Canada. Chick-Fil-A’s latest prototype with an impressive double car stack in drive-thru! Slated to open October 2025.
The Asset is a Prime pad site to a newly renovated Conestoga Marketplace & newly constructed Target, spanning approximately ±1.98 acres - this highly visible and accessible location is positioned in a dominant retail corridor just off the northeast corner of US Hwy 281 N & W 13th St, with traffic counts of 33,983 CPD! It is Pad site to a newly redeveloped Conestoga Marketplace - a 50-acre, mixed-use development anchored by Target’s new 150,000 SF flagship store; nearby retailers include Walmart, Sam’s Club, Home Depot, Menards, Hobby Lobby, Burlington, Kohl’s, T.J. Maxx, Dick’s Sporting Goods, Sportsman’s Warehouse, Goodwill, Harbor Freight, Petco, Hy-Vee, and Planet Fitness. Just 11 minutes (4.5 miles) to Central Community College Grand Island - offering 22 career education programs and academic transfer courses across 18 areas serving 6,553 students at its campuses in Grand Island, Columbus, and Hastings; 5 minutes (about one mile) to CHI Health St. Francis - Serving Grand Island and its surrounding communities since 1887, the hospital is a regional referral center, employing over 100 physicians and more than 1,100 staff members and has been designated as a Magnet organization with 155 beds

Map:
Documents:
Title
cfa.grandisland_PKG.pdf
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Location
Gallery