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.

Property Details

5,613 SF building, built 2026, 1.67 acres of land. Ground lease priced at $2,380,838 per acre. Rent increases: 10% every 5 years. Renewal options: 8 x 5-Year Options. Corporate guarantee. Primary term ends around 2041 (15 yrs left at listing, Jul 2026).

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.