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Chick-fil-A | New 15yr Corp Abs NNN | DrThru 5705 Lone Tree Way

4,594 SF Retail Building Antioch, CA 94531 $11,275,576 CAD ($2,454 CAD/SF) 4.40% Cap Rate

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Investment Highlights

Brand New 15-Year Lease | Corporate Signed | Options To Extend | Scheduled Increases | Well Known & Established Brand
Outparcel to Slatten Ranch (6.9M+ Visits) | Limited Competition | National/Credit Tenants | Top Performing Shopping Centers
Strong Demographics In 5-Mile Trade Area | Affluent Community |San Francisco MSA

Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
Signalized, Hard Corner Intersection | State Hwy 4 (74,600 VPD) | Lone Tree Way (42,000 VPD) | Dual Drive-Thru Equipped

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, corporate signed, dual drive-thru equipped, Chick-fil-A investment property located in Antioch, California. The tenant, Chick-fil-A, Inc., recently signed a brand new 15 year lease with 6 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Chick-fil-A Inc. is an established and nationally recognized brand with over 3,000 locations.