Purchase Price | $3,266,600 |
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Annual Rental Income | $147,000 |
Cap Rate | 4.5% |
Lease Term | 18 Years |
City | Jacksonville |
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This offering presents a premier Chick-fil-A franchise NNN (triple net) lease for sale in Jacksonville, Florida, a dynamic market ideal for investors seeking stable, long-term returns through a 1031 exchange or direct investment. Strategically located in a high-traffic commercial hub, this property combines the strength of Chick-fil-A’s brand with Jacksonville’s robust economic growth and the advantages of an NNN lease structure, making it a compelling opportunity for wealth preservation and passive income.
Jacksonville, Florida’s largest city by population and land area, boasts a metropolitan population exceeding 1.5 million and a thriving economy driven by logistics, healthcare, finance, and tourism. As a major port city and home to Fortune 500 companies, Jacksonville attracts a diverse workforce and consistent visitor traffic, fueling demand for quick-service restaurants like Chick-fil-A. The property’s prime location near major highways, retail centers, and affluent residential neighborhoods ensures strong customer flow, with the area’s median household income surpassing national averages. Jacksonville’s ongoing population growth, projected at 1.5% annually, and its status as a regional business hub enhance the property’s long-term value, making it a cornerstone for any investment portfolio.
The NNN lease structure is a standout feature, offering investors a low-maintenance, hands-off investment. Under this lease, Chick-fil-A, a tenant with exceptional creditworthiness, assumes responsibility for property taxes, insurance, and maintenance, minimizing landlord risk and ensuring predictable cash flow. The lease, structured with a 15-year initial term, includes periodic rent escalations to hedge against inflation and multiple renewal options, securing income stability for decades. Chick-fil-A’s consistent performance, driven by its loyal customer base and industry-leading sales metrics, further solidifies the investment’s reliability.
This property is particularly attractive for 1031 exchange investors seeking to defer capital gains taxes while acquiring a high-quality asset. A 1031 exchange allows investors to reinvest proceeds from a property sale into a like-kind property, such as this Chick-fil-A NNN lease, preserving wealth and maintaining cash flow. The combination of Jacksonville’s strong market fundamentals and the NNN lease’s passive income stream aligns perfectly with 1031 exchange goals, offering both tax advantages and long-term appreciation. The property’s modern 4,800-square-foot facility, equipped with a dual-lane drive-thru and ample parking, is built to Chick-fil-A’s latest standards, ensuring operational efficiency and customer appeal.
Jacksonville’s pro-business climate, with no state income tax and a growing infrastructure, supports sustained economic vitality, making it an ideal market for NNN investments. The city’s diverse economy and increasing tourism, driven by attractions like Jacksonville Beach and major sporting events, bolster the property’s revenue potential. This Chick-fil-A NNN lease represents a rare opportunity to acquire a trophy asset in a high-growth market, tailored for investors prioritizing stability and tax-efficient strategies. For detailed financials, cap rate, and lease terms, contact our office to explore this exceptional Jacksonville investment.