Chick-fil-A Ground Lease | New Relocation Site | I-65
Chick-fil-A outgrew high-volume location across the street
Marketing description
Chick-fil-A is one of the most recognizable and respected quick-service restaurant brands in the United States, known for its high-quality food, exceptional customer service, and commitment to community engagement. Founded in 1967 by S. Truett Cathy, the company has grown to over 3,100 locations across the U.S. and continues to expand both domestically and internationally. Chick-fil-A's menu features premium chicken sandwiches, waffle fries, salads, and hand-spun milkshakes, all crafted with fresh ingredients and a dedication to quality.
This property presents an exceptional opportunity to acquire a 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. The property is a relocation to a larger site due to high-volume. Chick-fil-A's U.S. systemwide sales grew by 5.4% in 2024, reaching $22.7 billion.
The property features a high-visibility and easily accessible location along Walker Chapel Road, a high-traffic east-west retail thoroughfare connecting Interstate 65 to U.S. Route 31. Prime setting directly off of Interstate 65, feeding directly to Downtown Birmingham and leading to increased commuter traffic (116,105 AADT). Surrounded by a vibrant mix of local and national retailers that drive Fultondale's primary economic activity, including Lowe's Home Improvement, Target, Food City, JCPenney, Five Below, and many more.
Investment highlights
- 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.
- Property is a relocation to a larger site due to high-volume.
- 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.
- High-visibility and easily accessible location along Walker Chapel Road, a high-traffic east-west retail thoroughfare connecting Interstate 65 to U.S. Route 31.
- Prime setting directly off of Interstate 65, feeding directly to Downtown Birmingham and leading to increased commuter traffic (116,105 AADT).
- Surrounded by a vibrant mix of local and national retailers that drive Fultondale's primary economic activity, including Lowe's Home Improvement, Target, Food City, JCPenney, Five Below, and many more.
- 53,432 residents live within five miles of the property.
- High average annual household income of $81,974 within a three-mile radius of the site.
- Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise this Chick-fil-A and Fultondale for steady concurrent growth.
- Common gateway to Downtown Birmingham, allowing the site to capture significant local and commuter traffic.
- Brand-new 2026 construction tailored to Chick-fil-A's efficient double-lane drive-thru design, ensuring high-volume operations.
- Streamlined layout minimizes upkeep while maximizing service speed, aligning with consumer demand for convenience.
- 1.67-acre parcel ensures efficient parking and smooth customer access, fitting Fultondale's fast-paced demographic.
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