Chick-fil-A for Sale in Rockingham, NC
Rockingham, NC
Key Investment Metrics
Price
$6,658,000
Cap Rate
4.7%
Net Operating Income
$312,923
Building Size
4982 SF
Land Area
1.78 Acres
Remaining Term
13.9 years
Lease Expiration
11/29/2039
Lease Term
15 years
Lease Commencement
11/30/2024
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2024
Tenancy
Single
Rent Increases
10% rental increases every five (5) years
Property overview
Chick-fil-A in Rockingham
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 4,982 SF
- Land area
- 1.78 acres
- Year built
- 2024
- Lease type
- Absolute NNN
- Lease expiration
- 11/29/2039
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.