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.

Property Details

4,500 SF building, built 2023, 1.85 acres of land. Ground lease priced at $2,027,027 per acre. Rent increases: 10% every 5 years. Renewal options: 9 x 5 Years. Corporate guarantee. Primary term ends around 2043 (16.6 yrs left at listing, Jul 2026).

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.