Leeds, AL - Chick-fil-A

Description:

• Chick-fil-A has over 5 years remaining in the current term with 6 (5-Year) options to extend, providing stable in-place income with long-term extension potential
• The tenant has operated at this location since 2006 and expanded the site in 2022 by leasing an additional 0.50 acres and resetting a new 10-year term
• The lease features a 7.69% rental increase in June 2027 and 10%rental increases at the beginning of each option period
• The lease is signed by Chick-fil-A, Inc., the corporate entity, which operates 3,414 restaurants globally and generated $23.9 billion in U.S. systemwide sales in 2025

• The subject property is situated in a dense retail corridor across Ashville Road from a Walmart Supercenter
• Additional nearby retail destinations include Lowe’s, AutoZone and Walgreens
• Numerous hotels at the Interstate 20 interchange, including Holiday Inn Express, Best Western Plus, Comfort Inn & Suites and Red Roof Inn, bring a steady flow of travelers and additional consumers to the area
• Together, these retailers and hotels drive consistent traffic to the corridor and promote demand for the subject property

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Listing ID: a28TP0000045uP3YAI