MAXIMIZING OUR CLIENTS' RETURNS IN
COMMERCIAL
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ADVISING LAND OWNERS WITH DATA, ANALYSIS AND PLANNING
OUR WORK ON YOUR BEHALF
Commercial Land Experts
Our team specializes in commercial land in the southeast, with our efficient standard work procedures and dedicated support staff, we work diligently on behalf of land owners.
With a team of in-house analysts, our team has the time and resources to dedicate to your investment at no additional cost to you. By taking the time to thoroughly analyze and evaluate the property on the front end, it makes it much easier to on the back end to quickly dispose of the property.
BEST-IN-CLASS
Marketing - Advisement - Analysis
We pride ourselves on having the best-in-class marketing packages in the region. We take extreme care and thought into crafting a marketing package that beautifully and easily tells the whole story of your property in order for it to be understood and viewed in the best light possible. Our aim is that when we present your property to national developers and tenants, they are able to understand every aspect of the property in a single document and have them view it as a premium piece of land due to the quality.
KNOWLEDGE OF ACTIVE BUYERS & DEVELOPERS
Through our years of experience in commercial land, we have built a thorough a great relationship with a large number of developers and tenants. We have also collected a large database of contacts and information that we utilize to determine who would be the best fit for a site and how to get it in front of them quickly.
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COMMERCIAL LAND CLOSE DEALS
Understanding Chick-fil-A Ground Lease Trends in the Current Market
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As one of the fastest-growing and most sought-after quick-service restaurant chains in the United States, Chick-fil-A continues to be a significant player in the commercial real estate market. For commercial real estate investors and developers, understanding the trends and factors influencing Chick-fil-A's ground leases is crucial for making informed decisions.
Key Market Insights (2022-2024)
Over the past three years, Chick-fil-A's ground leases have exhibited certain trends that shed light on the brand's strategic site selection and investment approach. These leases, typically 15 years long with 10% escalations every five years, are corporately guaranteed, making them attractive investments for property owners.
Rent Per Acre Trends:
The average rent per acre for Chick-fil-A ground leases has fluctuated, with a higher average in 2022 compared to 2023 and 2024. This variation can largely be attributed to the inclusion of premium locations like New York and California in the 2022 data.
On average, across all locations, the rent per acre settled at approximately $101,039.
Lot Size and Value Correlation:
There is a noticeable inverse relationship between lot size and rent per acre. Larger parcels tend to command lower rents per acre, which is consistent with findings from similar analyses in other sectors.
The average lot size for Chick-fil-A locations analyzed was 1.63 acres, with the most common range being between 1.1 and 1.8 acres.
Site Selection Priorities:
Traffic counts and population density within a 3-mile radius are significant factors that influence Chick-fil-A’s ground rent per acre. Higher traffic and denser populations generally correlate with higher rents, underscoring Chick-fil-A’s preference for locations that offer greater visibility and customer accessibility.
Interestingly, median household income within the same radius shows little to no correlation with the rent per acre, indicating that Chick-fil-A values traffic and customer access over income levels in its site evaluations.
Implications for Investors and Developers
For those looking to attract Chick-fil-A or similar quick-service tenants, focusing on locations with high traffic and moderate to large population densities is likely to result in more favorable lease terms. Additionally, optimizing the lot size to meet operational needs without excess acreage could be key to negotiating better rents.
As the market for ground leases continues to evolve, particularly in a high-interest-rate environment, understanding these dynamics will be crucial for both developers and investors looking to maximize their returns on Chick-fil-A properties.
Conclusion
Chick-fil-A’s ground lease trends from 2022 to 2024 highlight the importance of strategic location selection, with traffic counts and population density playing pivotal roles in determining rent per acre. As Chick-fil-A continues to expand, these insights will be valuable for those involved in the commercial real estate market, offering a roadmap for maximizing the potential of these highly desirable properties. commercial real estate market, offering a roadmap for maximizing the potential of these highly desirable properties.
FOR SELLERS
You need a broker that is going to work to find buyers for your property, not just put a sign on it.
You need a team that will put a world-class marketing package together and widely distribute, ensuring higher chance of multiple offers.
You need a team with access to detailed analysis, ensuring you're not leaving money on the table.
Respice Finem (rā-spi-ˌke-ˈfē-ˌnem) - Latin: “Consider the End”, “Live so that your life will be approved after your death.”
REGIONAL FOCUS & EXPERTISE MEETS CLIENT SERVICE
3 STEPS TO ENSURE YOU'RE PREPARED
Working with the Finem Group is easy.
SCHEDULE CALL
Click on the button below to schedule a time to talk with one of our advisors. We'll ask some questions about your goals, and we'll collect information about property and future goals.
PROPOSAL
We'll present you with a broker's price opinoin (BPO) and a proposal to move forward. This will have a detailed anlaysis of your property and a plan for us to accomplish your goals.
DECISION
We'll talk together and decide if our team is a fit for the assignment. We will then prepare a top of market marketing package and present your property to potential buyers and present it across all major commercial listing platforms.
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706.214.2927
3519 WHEELER RD, AUGUSTA, GA 30909
