{"id":376115,"date":"2026-08-20T01:18:10","date_gmt":"2026-08-20T01:18:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/376115\/"},"modified":"2026-08-20T01:18:10","modified_gmt":"2026-08-20T01:18:10","slug":"riverview-chick-fil-a-site-hits-market-for-5-million","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/376115\/","title":{"rendered":"Riverview Chick-fil-A Site Hits Market for $5 Million"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The site of a new Chick-fil-A under construction in Riverview is already up for sale, with an asking price just shy of $5 million.<\/p>\n<p class=\"wp-block-paragraph\">The roughly 5,200-square-foot <a href=\"https:\/\/tbbwmag.com\/restaurants\/\" data-internallinksmanager029f6b8e52c=\"27\" title=\"Restaurants\" rel=\"nofollow noopener\" target=\"_blank\">restaurant<\/a> is being built on 1.67 acres at 10509 County Road 672, at the southeast corner of Balm Road and U.S. 301. Ponte Vedra Beach-based Ferber is developing the property alongside McDonald\u2019s, Dutch Bros and Discount Tire.<\/p>\n<p class=\"wp-block-paragraph\">Chick-fil-A has signed a 15-year lease starting at $213,000 a year, with rent increasing 10% every five years. The company also has eight five-year options to extend the lease, which could keep the restaurant at the site for up to 55 years.<\/p>\n<p class=\"wp-block-paragraph\">After about $8,000 in annual expenses, the property is expected to generate $205,000 a year for its owner, according to marketing materials. At the $4.999 million asking price, that represents a 4.1% cap rate.<\/p>\n<p class=\"wp-block-paragraph\">Selling the property would not change Chick-fil-A\u2019s plans for the restaurant. The buyer would become Chick-fil-A\u2019s landlord and collect rent under the existing lease.<\/p>\n<p class=\"wp-block-paragraph\">SRS <a href=\"https:\/\/tbbwmag.com\/real-estate\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Real Estate\" rel=\"nofollow noopener\" target=\"_blank\">Real Estate<\/a> Partners brokers Patrick Nutt and Tampa-based William Wamble are marketing the property. The restaurant\u2019s opening date has not been announced.<\/p>\n<p>\n\tRelated<\/p>\n","protected":false},"excerpt":{"rendered":"The site of a new Chick-fil-A under construction in Riverview is already up for sale, with an asking&hellip;\n","protected":false},"author":2,"featured_media":376116,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[135,137,136],"class_list":["post-376115","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tampa","tag-tampa","tag-tampa-headlines","tag-tampa-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/376115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=376115"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/376115\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/376116"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=376115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=376115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=376115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}