5409 Indian River Rd

Cushman & Wakefield | Thalhimer is pleased to exclusively offer for sale 5409 Indian River Road (the “Property”), a 1998-built Chick-fil-A in the third (3rd) renewal option period with four (4) remaining five (5) year option terms remaining with 10% rent increases in each option term. The property is located near the intersection of Indian River Road and Kempsville Road directly across from KempsRiver Crossing shopping center offering vehicle traffic counts ofover 66,000 vehicles per day. The combination of purchasing a Chik-fil-A ground lease below replacement cost with below market rents, zerolandlord obligations, rental increases and desirable location make this an ideal NNN leased investment opportunity.