Tampa, FL - Chick-fil-A

Description:

• Chick-fil-A recently signed a brand new 20-year lease with 10 (5-year) options to extend, demonstrating their long-term commitment to the site
• 2025 construction which features high-quality materials, high-level finishes, and distinct Chick-fil-A design elements
• The lease is corporate signed by Chick-fil-A, a private corporation with more than 3,220 stores under operation nationwide
• The lease features 8% rental increases every 5 years and at the beginning of each option
• Chick-fil-A’s revenue for 2024 exceeded $22.7B

• The asset is located at the signalized, hard corner intersection of N Dale Mabry Hwy and Ehrlich Rd averaging a combined 110,500 VPD
• Dale Mabry is the main retail and commuter thoroughfare serving the city of Tampa with high barriers to entry and outstanding real estate fundamentals
• This is a generational opportunity to own a trophy piece of real estate in the heart of Tampa proper
• Across from Carrollwood Commons and North Pointe Plaza, two neighborhood shopping centers that have a combined 5.4M visitors annually
• Adjacent to Carrollwood Golf & Country Club as well as the main Carrollwood residential neighborhood, providing a steady, consistent consumer base from which to draw
• Just South of Gaither High School (2,000+ students) providing an additional consumer base from which to draw

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Listing ID: a28TP000001on09YAA