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Chick-fil-A

$2,800,000

1275 U.S. 51, Forsyth, IL 62535

Active
Last Updated: 06/23/2026

3.75

Cap Rate

105,000

NOI

Details:
Cap Rate:    3.75%
NOI:    $105,000
Building Size:    5,208 sqft
Lot Area:    1.72 acres
Lease Type:    Ground
Year Built:    2026
Tenancy:    Single
Year Last Renovated:    Under Construction
Highlights:
  • Extremely Low Chick-fil-A Rent – At $105,000/year, rent sits well below recent Chick-fil-A ground lease deals and comparable QSR product on the market.
  • Investment-Grade Credit – Chick-fil-A generated $23.9B in 2025 systemwide sales across 3,100+ locations
  • True Passive Ground Lease; Zero landlord responsibilities.
  • Long Term, Built-In Growth – 15-year primary term, with 10% rent bumps every 5 years
  • Brand-New Construction – Opening Fall 2026
  • Affluent Demographics – $165,733 average household income within 1 mile.
Description:

Landmark Investment Sales is pleased to exclusively offer for sale a brand-new Chick-fil-A ground lease in Forsyth, IL. The asset is priced at an extremely low $105,000 annual rent basis, well below recent comparable Chick-fil-A transactions. The passive 15-year ground lease features 10% rent bumps every five years across eight options, backed by Chick-fil-A's investment-grade credit. The site features an attractive signalized hard corner location as an outparcel to the 825,000+ SF Hickory Point Mall, providing unparallelled visibility and access.

Map:
Documents:
Title
128i_Chick-fil-A-Forsyth__IL-OM.pdf
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Location
Gallery