Delafield, WI - Chick-fil-A

Description:

• 15-year lease with 8 (5-year) options to extend, demonstrating their commitment to the site
• The lease feature a corporate guaranty from Chick-fil-A, Inc., a private corporation with more than 3,000 under operation nationwide
• 10% rental increases beginning in year 10 and every 5 years during the initial term, and at beginning of each option period, growing NOI and hedging against inflation

• The subject property is located as an outparcel to the Shoppes at Nagawaukee II, a shopping center that is anchored by Kohl’s, HomeGoods, Marshalls, Best Buy, F45, Panera Bread and many more
• Other nearby national/credit tenants include Target, Starbucks, Walmart Supercenter, Kwik Trip, Home Depot, Office Depot, Petco, and more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• The subject property is located directly off of Interstate 94, a major thoroughfare that averages 63,900 vehicles passing by daily
• The Chick-fil-A is equipped with dual thru lane, promoting ease of access for customers, significantly boosting sales performance