Chick-Fil-A Ground Lease

Chick-Fil-A Ground Lease

5455 Jimmy Carter Blvd

Norcross, GA 30093

Absolute NNN Chick-Fil-A ground lease



Sean W. Patrick, CCIM

Senior Vice President, Investment Sales



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Ackerman & Co is pleased to present for sale this absolute NNN Chick-Fil-A ground lease along one of the busiest corridors in Gwinnett County. Located a quarter mile east of I-85 on a hard signalized intersection of Jimmy Carter Blvd and Live Oak Pkwy with over 51,700 VPD. Jimmy Carter Blvd (Hwy 92) is a major east-west artery crossing Atlanta along the northern suburbs from Acworth to Woodstock to Roswell to Norcross to Tucker/Stone Mountain. Located in the active Gateway85 Community Improvement District positioned for cultural diversity and where commerce, business and community thrive.

Investment Highlights

  • Absolute NNN Ground Lease – Zero Landlord Responsibilities
  • 15-Year Ground Lease with Early Option Extensions
  • 12% Escalations Every 5 Years vs. Typical 10% Every 5 Years
  • $18.8 Billion in U.S. System-wide Sales in 2022
  • Hard Signalized Corner with Cross Access with Shopping Center
  • AUV is industry-leading $8.68 Million per year
  • 2,973 Restaurants in the United States
  • I-85 Exit 99 within ¼ mile
  • Located within the active Gwinnett-85 Community Improvement District