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Chick-Fil-A

Overview

Headquartered in Atlanta, Georgia, Chick-fil-A has surged to become the third largest fast-food chain in the U.S bringing in sales of $11.3 billion in 2019, thanks to their world-famous Chicken Sandwich. With over 2,600 locations, Chick-fil-A has also just been voted the favorite fast-food restaurant of Gen Z. Chick-fil-A in 2019 reported that its average annual unit sales was $4.7 million, whereas the standalone locations not in the malls did sales around $6.5 million. Chick-fil-A locations are hard to come by and are always in high demand. Chick-fil-A generally offers 15-year leases with rental escalations of 10% every 5 years.
Lowest Cap Rate

3.00%

Average Cap Rate

3.76%

Property & Lease

Average Sale Price

$3,000,000 – $4,500,000

Average NOI

$125,000 – $175,000

Building SF

4,200

Lease Term

15 Years

Escalations

10% Every 5 Years

Stock Symbol

CAPITALCOM:US500
Credit Rating

S&P

N/A

Moody’s

N/A

Tenants

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