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Chick-Fil-A | 20 Yr Ground Lease | 1.94 Acres

$6,250,000

5580 Wren Street, Cumming, GA 30040

Active
Last Updated: 07/10/2026

4

Cap Rate

250,000

NOI

Details:
Cap Rate:    4%
NOI:    $250,000
Building Size:    5,211 sqft
Lot Area:    1.94 acres
Year Built:    2026
Highlights:
  • Trophy Chick-Fil-A in Georgia's Wealthiest County - CORPORATE GUARANTY
  • Rare 20-Year Absolute NNN Ground Lease - Zero Landlord Responsibilities
  • Exceptionally Affluent Demographics - #1 Median household income in Georgia ($191k AHHI)
  • Kroger & Publix Anchored Trade Area - 3.2M Annual Visitors according to Placer.AI
  • Premier Outparcel within the Southard Exchange Development - 16-acre mixed use development anchored by medical & grocer with A+ outparcel lineup
  • Double Drive-Thru Prototype that featured a large 5,211 SF Building on a 1.94 Acre Parcel
Description:

Faris Lee Investments is pleased to present the rare opportunity to acquire a trophy Chick-fil-A Investment in Georgia’s Wealthiest County, with the grand opening projected for September 2026. The asset is secured by a rare 20-year corporate absolute NNN ground lease featuring 10% rental increases every five years, offering investors a passive, inflation-hedged income stream with zero landlord responsibilities and increasing cash flow throughout the lease term.

Strategically positioned on a dominant hard-corner outparcel within Southard Exchange, the site benefits from exceptional retail synergy between Kroger- and Publix-anchored shopping centers that collectively generate more than 3.2 million annual visits according to Placer.ai. The development has attracted a premier tenant lineup including Fifth Third Bank, Shake Shack, Maepole, and 7 Brew, with additional grocery and medical users planned.

Embedded within the highly affluent and rapidly growing Forsyth County—Georgia’s wealthiest county by median household income—the property is supported by average household incomes exceeding $190,000 and serves more than 140,000 residents within a five-mile radius. Backed by Chick-fil-A, one of the nation’s most sought-after net lease tenants, this offering represents a rare opportunity to acquire a trophy retail investment in one of the Southeast’s strongest growth markets.

Outparcel within Southard Exchange at the intersection of Bethelview Road and Castleberry Road in Cumming, GA, surrounded by Kroger- and Publix-anchored retail, medical, and mixed-use developments.

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