Chick-fil-A for Sale in Antioch, CA
Antioch, CA
Key Investment Metrics
Price
$7,447,000
Cap Rate
4.7%
Net Operating Income
$350,000
Building Size
4594 SF
Land Area
1.33 Acres
Remaining Term
13.3 years
Lease Expiration
04/29/2039
Lease Term
15.1 years
Lease Commencement
04/01/2024
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
N/A
Tenancy
Single
Rent Increases
10% Every 5 Years
Property overview
Chick-fil-A in Antioch
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 4,594 SF
- Land area
- 1.33 acres
- Lease type
- Absolute NNN
- Lease expiration
- 04/29/2039
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.