Chick-fil-A NNN — Fultondale, AL
$3,976,000 · 4.15% CAP · 15 YRS
2026-construction Chick-fil-A relocation site — the operator outgrew its store across the street — on a new 15-year absolute-net corporate ground lease off I-65 north of Birmingham. Escalations are 10% every five years, including option periods.
Lease Abstract
- Price
- $3,976,000
- Cap rate
- 4.15% CAP
- NOI
- $165,000
- Term remaining
- 15 YRS
- Lease type
- Absolute NNN Ground Lease
- Increases
- 10% every 5 years
- Options
- 8 x 5-Year Options
- Guarantee
- Corporate
- Building
- 5,613 SF
- Lot
- 1.67 AC
- Year built
- 2026
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
Fultondale, Alabama. Full address and offering memorandum released on request — see our Chick-fil-A tenant guide and the Alabama 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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