Chick-fil-A Real Estate Opportunities & Market Research
Chick-fil-A
Lowest Cap Rate
3.25%
Lowest Cap Rate over past 24 months
Average Cap Rate
4.44%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
Low Transaction Volume
Contact for Details
Contact for Details
Average Cap Rate over previous quarter
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.
Property & Lease
Sales Price Range$3,000,000 - $4,500,000
NOI Range$125,000 - $175,000
Building SF4,200
Lease Term15 Years
Escalations10% Every 5 Years
Stock SymbolCAPITALCOM:US500
Credit Rating
S&PN/A
Moody'sN/A
Cap Rate By Region
4.60
3.91
4.24
4.13
3.62
3.73
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
Recent Sales Comps
Penitas, TX4.79%
Dallas, TX4.15%
Raleigh, NC4.75%
Top Consumer Traffic
Woburn, MA1,900,000
Lancaster, PA1,700,000
Daly City, CA1,600,000
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data