Chick-fil-A & Boca Raton Bridal | Absolute Net Lease Investments

1331-1341 N. University Drive, Coral Springs, FL




Cap Rate



Cap Rate
Building Size
7,075 sqft
Lot Area
1.37 acres
Lease Type
Absolute Net
Year Built
Parking Spots

JLL is pleased to offer for sale the fee-simple interest in a NNN leased, Chick-fil-A & Boca Raton Bridal South, multi-tenant “Property” or “Asset” located at 1331 - 1341 N. University Drive in Coral Springs, Florida.

The Property is a two-tenant freestanding retail building that is tenanted by Chick-fil-A, Inc. (d/b/a Chick-fil-A) and Boca Raton Bridal and Consultants, LLC (d/b/a Boca Raton Bridal South) on Absolute-NNN leases with no landlord responsibilities. The Chickfil-A is a corporate tenant, and is the largest quick-service chicken restaurant chain in the United States, with more than 2,200+ restaurant locations. There are 8+ years are remaining on the lease with (5) 5-Year options to renew.

The Boca Raton Bridal South tenant is a single store operator with a strong following through their various promotions, events, and shows. There are 9+ years are remaining on the lease with (1) 5-year option to renew.

The property is located on North University Drive in Coral Springs, Florida. It is the main north-south thoroughfare through western Fort Lauderdale. Traffic counts on N University Drive are 45,500 vehicles per day. The property is located in the regional retail hub with University Drive being the core of development. Chick-fil-A is located midway between Coral Square Mall, a 941,000-square foot Macy’s and Kohl’s anchored property owned by Simon and The Walk, a bustling 240,000 square foot lifestyle destination. The University Drive corridor in Coral Springs has seen excellent retail success.

  • Chick-fil-A corporate Guaranteed lease
  • Minimal landlord responsibilities
  • Rare 15% increases every five years for Chick-fil-A
  • Annual rent increases for Boca Raton Bridal South
  • Close proximity to the regional shopping center and lifestyle center, The Coral Square Mall 941,000 s.f.
Offering Memorandum
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