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Chick-Fil-A 4005 W 41st St

4,995 SF 4-Star Retail Building Sioux Falls, SD 57106 £2,465,625 (£494/SF) 4% Net Initial Yield

Investment Highlights

  • 20-YEAR NNN GROUND LEASE
  • TOP 85 LOCATION
  • STRATEGIC HARD CORNER LOCATION
  • CORPORATE GUARANTEE
  • NEW CONSTRUCTION
  • DENSE RETAIL CORRIDOR

Executive Summary

Chick-fil-A stands as a prominent figure in the American fast-food landscape, distinguishing itself as the largest chain specializing in
delectable chicken sandwiches. With its headquarters nestled in College Park, Georgia, the company commands a notable presence with
a vast network of 3,049 restaurants, primarily dotting the American landscape across 48 states.
Central to Chick-fil-A’s robust business strategy is a deliberate focus on a concise menu and an unwavering commitment to exceptional
customer service. In a departure from the norm observed in the industry, where expanding menu offerings is a common practice, Chickfil-A strategically adheres to its core – the chicken sandwich. The restaurant gracefully transitions from serving breakfast to its celebrated
lunch and dinner menu, further catering to diverse tastes. Notably, Chick-fil-A extends its culinary expertise to special events, offering
customers catered selections for occasions that demand a touch of their renowned flavor.
In the competitive fast-food landscape, Chick-fil-A has carved a niche by consistently prioritizing customer satisfaction. The emphasis on
stellar customer service has propelled the company to a leading position in industry rankings. This unwavering commitment, coupled with a
strategic menu approach, is widely acknowledged as the catalyst for Chick-fil-A’s remarkable growth and expansion throughout the United
States.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,995 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2021
Price
£2,465,625
Price Per SF
£494
Net Initial Yield
4%
NOI
£98,625
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Land Acres
1.19 AC
Zoning
C

Nearby Major Retailers

Red Lobster
Chili's
Johnny Carino's
Starbucks
Fazoli's
Chase Bank
Olive Garden Italian Rstrnt
Hy-Vee
Buffalo Wild Wings
Huntington Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
46841
Land Assessment
£1,618,414
Improvements Assessment
£197,028
Total Assessment
£1,815,443
  • Listing ID: 30964790

  • Date on Market: 15/02/2024

  • Last Updated:

  • Address: 4005 W 41st St, Sioux Falls, SD 57106

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