Chick-fil-A Plantation Pointe 1732 University Drive

Investment Highlights

Currently Under Construction | Projected to Open in Fall 2024 Absolute NNN Ground Lease | NO Landlord Management & Responsibility Highly Dense & Growing Trade Area | 7 Miles from Downtown Ft. Lauderdale Located Within the Highly-Successful 77-Acre Plantation Pointe Mixed-Use Development | 100% Occupied | 963,000 SF Office | 33,000 SF Retail Rent Increases 10% Every 5 Years Including Each Option Uber High Traffic Counts & High Visibility Location | Exceeding 88,000 VPD

Executive Summary

CBRE is proud to offer for sale South Florida?s newest Chick-Fil-A, consisting of a 1.82 acre NNN 15-year ground lease at the uber-high traffic intersection of University Drive and Sunrise Boulevard in Plantation, FL. Currently under construction and projected to open in the Summer of 2024, the location is 7-miles northwest of downtown Ft. Lauderdale and within the highly successful 77-acre Plantation Pointe mixed-use development. The trade area is extremely dense and still growing, and the location is ideally more than 3 miles from any other free-standing Chick-Fil-A.

• Sale Type    Investment NNN
• Sale Condition    Ground Lease (Leased Fee)
• Property Type    Retail
• Property Subtype    Retail Retail General Retail Fast Food Retail
• Building Size    6,000
• Building Class    B
• Construction Status    Proposed
• NOI    330,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.08
• Land Acres    1.82 AC