SITE SELECTION SERVICES
Retail and Developer
Site Selection Across Georgia and the Carolinas
ASSISTING OUR CLIENTS LOCATING STRATEGIC RETAIL SITES
OUR WORK ON YOUR BEHALF
Commercial Land 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.
Every developer deserves a partner who understands the nuances of retail landscapes and is committed to presenting properties with the utmost sophistication and strategic insight. By dedicating ourselves to rigorous market research and meticulous site analysis, we ensure that each location we recommend stands out, compellingly presented to capture the immediate interest of retailers. Our proactive approach in market trend analysis and site optimization keeps your development at the forefront, constantly aligned with the evolving retail environment. Let us redefine what comprehensive, elite site selection service means for your retail developments.
COMMERCIAL LAND CLOSED DEALS
Understanding Chick-fil-A Ground Lease Trends in the Current Market
Click here to Download the Market Report
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 Retailers
We use advanced mapping and demographics tools to study the markets and help identify the best locations
We focus on off-market opportunities, and have a proven track record of finding killer sites
We can assist with negotiation, due diligence, transaction management, and entitlement
For Developers
We help identify markets that meet your client's requirements, and handle the market analysis, phone calls and emails required to find sites, and let you focus on deal-making.
We can evaluate residuals, and help you put together multi-tenant deals--we handle REO and Surplus property work for other national developers and retailers.
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 your site selection needs.
PROPOSAL
We'll present you with a proposal to move forward. This will have detailed information about our process along with case studies and success stories from similar assignments.
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.
CASE STUDIES
OFF MARKET DEAL
SITE SELECTION DEAL
SELLER REP DEAL
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