Marietta, GA - Chick-fil-A

Description:

• Brand new 15-year lease with 10 (5-year) options to extend
• The lease feature a corporate guaranty from Chick-fil-A, Inc., a private corporation with more than 3,350 under operation nationwide
• 10% rental increases every 5 years during the initial term, and at beginning of each option period to extend the lease term

• The asset is located near the signalized, hard corner intersection of Ernest W Barrett Pkwy SW and Powder Springs Rd which combined average 78,100 VPD
• Sits at the entrance of a Walmart Supercenter
• The site is located in a dense retail corridor, with numerous nearby national/credit tenants including Lidl, Home Depot, Racetrac, Lowe’s, Target, Taco Bell, McDonald’s, Kohl’s, and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• The site is located next to a brand new Barrett Cove by DR Horton, which is a brand new single family home, townhouse community development
• Furthermore, the asset is in close proximity to Wellstar Cobb Medical Center (387 beds) increasing consumer traffic to the immediate trade area
• The Chick-fil-A is on a full 2 acres of land with monument signage at both lighted intersections that serve the shopping center

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Listing ID: a28TP000001z50bYAA