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Chick-fil-A

Baltimore, Maryland

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The NNN Pro Group is pleased to present the exclusive listing for the Chick-fil-A located at 6965 Security Boulevard in Baltimore, Maryland. The site consists of roughly 4,989 rentable square feet of building space on an estimated 1.46-acre parcel of land. This Chick-fil-A opened on December 12, 2022 and is subject to a 20-year absolute triple-net (NNN) ground lease. The initial annual rent is $135,750 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 8, 5-year renewal options.

✓ Brand-New 20-Year Ground Lease
✓ Absolute Triple Net | Zero Landlord Responsibilities
✓ Attractive Rental Escalations | 10% Every 5 Years
✓ (8) Eight, (5) Five-Year Options Bringing the Potential Lease Term to 60 Years!
✓ Situated as an Outparcel to Macy’s and the Security Square Mall
✓ Security Square Mall Ranks in the 70th Percentile for Most Visited Regional Malls in the Entire Country According to Placer.ai
✓ Centered Between Two Major Government Institutions | US Department of Health and Human Services and US Social Security Administration

Key Details

Price:
$3,194,117
Cap Rate:
4.25%
Annual Rent:
$135,750
Address:
6965 Security Boulevard, Baltimore, Maryland 21244
Property Type:
Net-Leased Restaurant
Lease Type:
Triple Net (NNN) Ground Lease

Original Lease Term:
20 Years
Lease Commencement:
December 12, 2022
Lease Expiration:
December 31, 2042
Lease Term Remaining:
19
Rental Increases:
10% Every 5 Years
Lot Size:
1.46 Acres
Building Size:
4,989 SF
Year Built:
2022
Tenant:
Chick-fil-A

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Josh Kanter

License: 10401294056

Anthony D’Ambrosia

License: 10401294012

Ilan Bley

License: 10401372865

Broker of record

Brian Hosey

Marcus & Millichap

License: 5005538


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