Alachua, FL - Chick-fil-A

Description:

• The tenant just recently signed a brand new 15-year lease with 13 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years and at the beginning of each option, growing NOI and hedging against inflation
• The site will feature a newly constructed, drive-thru equipped building with modern amenities and design
• The family-owned and privately held company has 3,279 Chick-Fil-A restaurants in the United States as of July 02, 2025

• The subject property is located along U.S. Hwy 441, a major retail road that averages 34,000 VPD
• The site benefits from nearby direct on/off ramp access to Interstate 75, a major thoroughfare that averages 41,000 vehicles passing by daily
• The asset is located in a dense retail corridor, with numerous nearby national/credit tenants including Lowe’s, Wawa, Autozone, CVS, Walgreens, and more

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Listing ID: a28TP000001f0czYAA