Chick-fil-A Ground Lease | Target Outparcel SIte
San Francisco Bay Area | 50,000+ Vehicles Per Day
Marketing description
New 15-year absolute NNN ground lease to Chick-fil-A, the largest quick-service chicken restaurant chain in the U.S and third-largest chain overall by systemwide sales.
10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth.
Tenant handles all taxes, insurance, and maintenance, including roof, structure, and parking lot, ideal for both out-of-area or local investors.
Chick-fil-A’s U.S. systemwide sales grew by 5.4% in 2024, reaching $22.7 billion.
Chick-fil-A opened 132 new restaurants in 2024, bringing its total U.S. count to over 3,100 locations.
Chick-fil-A is experiencing significant growth in 2025 through a major push into international markets, including the opening of its first permanent restaurants in the UK and Singapore.
Investment highlights
Excellent Chick-fil-A Location: Highly visible and easily accessible location at the signalized four-way intersection of Lone Tree Way and Jeffery Way (combined 50,000+ AADT).
Reliable Chick-fil-A Tenancy: Chick-fil-A’s U.S. systemwide sales grew by 5.4% in 2024, reaching $22.7 billion.
Ideal Demographic Base: The five-mile radius serves a populous region of 204,859, with an average annual household income of $180,860 within one mile.
Target Outparcel: Outparcel to a Target-anchored development, attracting crossover shoppers directly past the site.
Beneficial Proximity to A Major Thoroughfare: The site’s proximity just off State Route 4 (76,000 AADT) allows the property to capture significant local and commuter traffic.
Major Retail Corridor: Surrounded by strong mix of major local and national retailers, including Costco Wholesale, The Home Depot, Lowe’s Home Improvement, Best Buy, In-N-Out Burger, and many more, creating a vibrant commercial hub for retail services.
Growing Market Dynamics: Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise this Chick-fil-A and Antioch for steady concurrent growth.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
