Chick-fil-A | Oxnard, CA
Sands Investment Group is Pleased to Present For Sale the Chick-fil-A Ground Lease Located in Oxnard, California. Chick-fil-A Recently Signed a Long Term 20-Year Absolute NNN Ground Lease With Four (4) By Five (5) Year Options to Extend, and 10% Rental Increases Throughout the Initial Term and at the Beginning of Each Option Period. The Subject Property is Strategically Located Off the 101 Ventura Freeway and Oxnard Boulevard Exit Which Sees Nearly 160,000 Vehicles Per Day. This Offering Presents the Opportunity to Acquire a Well Located Brand New Construction Asset With a Growing NOI and Zero Landlord Responsibilities, Making it an Ideal Management Free Investment Opportunity For a Passive Investor.
- Long-Term 20-Year Absolute NNN Ground Lease With Four (4) By Five (5) Year Options to Extend
- 10% Rental Increases Every Five (5) Years and at the Beginning of Each Option Period, Providing For a Hedge Against Inflation
- Brand New 2023 Construction Featuring the Latest Chick-fil-A Prototype With a Double Lane Drive-Thru
- Corporate Guaranteed Lease – Chick-fil-A is One of America’s Largest and Most Popular Fast Food Chains With More Than 2,909 Restaurants Across 48 States, the District of Columbia and Puerto Rico
- Chick-fil-A Has Experienced 52 Consecutive Years of Sale Growth
- Nearby “Collection at Riverpark”, an Outdoor Lifestyle Shopping Center Featuring Whole Foods, Target, Pet Food Express, Ulta, REI, The Container Store, Yard House, Cheesecake Factory, 24-Hour Fitness, Cinemark Movies and Much More
- Located in a Growing Retail & Residential Corridor – This Site Will Be Part of “The Landing” Development That Will Include Two (2), Four-Story Marriott Hotels, Panda Express, Shake Shack, Service Station and Convenience Store and a Multi-Tenant Pad Building
- Strong Demographics – 136,187 Residents Making an Average Household Income of $103,653 Within a 3-Mile Radius
- Conveniently Located Off the 101 Ventura Freeway That Sees Nearly 160,000 VPD
In Cooperation With Sands Investment Group, Inc – Lic. #1768950
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