Chick-fil-A Ground Lease For Sale
• Corporate Chick-Fil-A Ground Lease
• Chick-Fil-A has 18 years remaining on the ground lease with 10% rent increases every 5 years.
• Incredible location in a development consisting of more than 950,000 square feet.
• Retailers include Lowe's, Target, Best Buy, Giant Food, Petsmart, DSW, Sports Authority, World Market, LaZBoy, Walgreen's, 7-Eleven, Buffalo Wild Wings, Chili's, Chipotle, BB&T, Mimi's Cafe, along with several other national retailers.
• Demographics within 5 miles include Average Household Income of $110,758
• Median Household Income of $100,181
• Population of 77,415.
Incredible investment opportunity to purchase a Chick-fil-A Ground Lease that is part of an exciting mixed use development. Located close to a Interstate/Route interchange this development features a mix of retail, office and hotel uses. This is a shopping, dining and professional services destination of choice in a fastgrowing, affluent trade area. Serving this population is a wide variety of retail. Traffic counts are 63,000; 20,000 and 14,570.
Chick-fil-A is a quick service restaurant chain headquartered in College Park, Georgia, United States that specializes in chicken entrées and is known for promoting the company's vision of Christian values.
Though long associated with the southern United States, the chain has expanded into more of the country. As of January 2011, the chain has 1,541 locations in 39 U.S. states and the District of Columbia.
The chain is famous for being closed on Sundays. In an interview with ABC News's Nightline, Dan Cathy (son of company owner S. Truett Cathy) told Vicki Mabrey the origin of that company decision. His father, Truett Cathy, the founder of Chick-fil-A, opened his first restaurant on a Tuesday and "by the time Sunday came, he was just worn out. And Sunday was not a big trading day, anyway, at the time. So he was closed that first Sunday and we've been closed ever since. He figured if he didn't like working on Sundays, that other people didn't either." Cathy quoted his father Truett as saying " 'I don't want to ask people to do that what I am not willing to do myself.'"
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