ADVISORS SPECIALIZING IN
COMMERCIAL REAL
ESTATE BROKERAGE
ADVISING OUR CLIENTS WITH THEIR GREATER GOALS IN MIND
OUR WORK ON YOUR BEHALF
COMMERCIAL REAL ESTATE
EXPERTS
Our team specializes in site selection and commercial land in the southeast, with our efficient standard work procedures and dedicated support staff, we are able to generate off-market opportunities in any market. Additionally, we will send you updates on any sites that hit the market in your target areas. Once give your criteria and goals, we will begin a master assignment and create multiple opportunities for your group to chase and execute.
BEST-IN-CLASS
Marketing - Advisement - Analysis
In our world, we brokers wear two primary hats: That of an Advisor and that of a Marketer. Our team takes great pride in seeking to be the best in class in both. When seeking to market properties well, it is a matter of gathering and summarizing all of the relevant property information in as concise a format as possible and then putting it in front of as many potentially interested parties as possible. Our primary steps for accomplishing this are as follows:
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 who would be the best fit for a site and how to get it in front of them quickly.
OUR VALUED CLIENTS
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 Buyers
You need a team with a structured and disciplined approach to finding you a strategic property.
You need a team that is using the latest technology and tools to evaluate each and every potential acquisition.
You need a dedicated team that has experience and a deep bench staffed with seasoned brokers, analysts, and support staff who are all working together on your behalf.
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.”
LOCAL 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 your business or property.
PROPOSAL
We'll present you with a proposal to move forward. This will have a detailed information about your property and goals, 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 may not be the right team to work with your company, and we try to be careful to work with companies whose values match our own.
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706.214.2927
3519 WHEELER RD, AUGUSTA, GA 30909
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