Description

In this episode of Net Lease TV on Tour Chris visits a newly developed Chicik-Fil-A Ground Leased Net Leased Property in dense Long Beach, California. The following are details of the Chick-Fil-A Ground Leased NNN Property for Sale; Name of Store: Chick-Fil-A Ground Lease Address: 3290 Atlantic Ave, Long Beach, CA 90807 List Price: $3,715,000 NOI: $148,500 (4.00% Cap) Rental Increases: 10% Every Five Years Lease Type: NNN Absolute. Primary Lease Term: 13 Years +/- Options: Seven - 5 Year Square Feet: 2,598 Square Feet Land: 35,932 Square Feet Year Built: 2019 Ownership: Ground Lease to the best of our knowledge. 5 Mile Pop 2025: 588,108 5 Mile Avg Income: $115,402 To submit a Letter of Interest with the listing agent and seller click on the link below; Submit Triple Net & Double Net Loan Request For Properties; https://www.marabellafinance.com/prop... For additional Chick-Fil-A, 7-Eleven, Starbucks and Net Lease properties for sale and financing information visit MCF's website at https://www.marabellafinance.com or call / text Christian Marabella at (760) 803-6464. For additional ideas for Net Lease TV on Tour or Net Lease TV call or email Christian Marabella at (760) 803-6464 and email is nnn@marabellafinance.com All information is not guaranteed expressed or implied. Potential buyer must verify all information. All rates, terms and cap rates in this episode of Net Lease TV is subject to change without notice. #netlease #commercialfinance #NNNInvestment Ask