Chick-fil-A NNN — Chapel Hill, NC
$3,750,000 · 4.00% CAP · 16.6 YRS
Corporate Chick-fil-A ground lease in Chapel Hill, four miles from UNC, built in 2023. About 16.6 years remain, with 10% escalations every five years and nine 5-year options.
Lease Abstract
- Price
- $3,750,000
- Cap rate
- 4.00% CAP
- NOI
- $150,000
- Term remaining
- 16.6 YRS
- Lease type
- Absolute NNN Ground Lease
- Increases
- 10% every 5 years
- Options
- 9 x 5 Years
- Guarantee
- Corporate
- Building
- 4,500 SF
- Lot
- 1.85 AC
- Year built
- 2023
Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.
Location
Chapel Hill, North Carolina. Full address and offering memorandum released on request — see our Chick-fil-A tenant guide and the North Carolina market page for the underwriting context.
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Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.
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