Chick-fil-A Ground Lease

Highlights:

• Brand New 15 Year Absolute Ground NNN Lease – Stable Cash Flow Asset – Zero Landlord Responsibilities – Thirteen (5-Year) Options to Renew
• 10% Rent Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
• Corporately Guaranteed Lease by Chick-fil-A, Inc. – a Best in Class Tenant with Over $22.7 Billion in Annual Revenue and 3,370+ Locations in 50 States – Chick-fil-A is the Industry Leader in Average Unit Volume with Over $9.37 Million in Sales Per Location – More Than Double Their Nearest Competitor
• New Construction, Pride of Ownership Asset Featuring Chick-fil-A’s Latest Prototype Design – a Modern and Aesthetically Pleasing Property
• Intrinsic Value Asset – Large Format Restaurant at 4,927 Square Feet Situated on a Massive 2.195-Acre Parcel
• Features a Double-Thru Lane with a 42 Car Stack, 73 Parking Spaces & 98 Total Seats – Providing Chick-fil-A with the Ability to Handle Extremely High Restaurant Volume
• High Traffic Location with More Than 31,000 Vehicles Per Day at the Signalized Intersection of US-287 and Country Lane Drive
• Affluent Demographics with Average Household Income Exceeding $139,000 Annually Within a 1-Mile Radius of the Property
• There are More Than 770 Businesses in a 5-Mile Radius of the Property, Resulting in a High Daytime Population Exceeding 5,000 Employees
• Approximately 1.2 Miles from Lumberton High School with Over 1,200 Students Enrolled & More Than 570 Faculty Members & Employees
• Approximately 1.9 Miles from the 249 Bed Altus Lumberton Hospital with Over $20.27 Million in Total Patient Revenue in 2024 and a Staff of More Than 380 Healthcare Professionals
• Texas is an Income Tax Free State with a Strong Economy, Providing an Ideal Location for a 1031 Exchange Asset

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