Chick-Fil-A - Chapel Hill, NC — Sale in Chapel Hill, NC
- Price: $3.8M
- Listing type: For sale
- Asset type: Retail Business
- Location: Chapel Hill, NC 27516
- Year built: 2023
Photos
Investment Figures
- Cap rate
- 4.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the single-tenant Chick-Fil-A at 101 Village Center Drive in Chapel Hill, North Carolina (“Property” or “Asset”). The Property is operating on an absolute NNN ground lease lease with ±16.7 years of primary lease term remaining , 10% rent escalations every 5 years and nine, five-year options. Chick-Fil-A recently acquired an additional 0.35 acres for expansion at the site. NC Broker of Record: Pete Pitroff: License #: 163984 Alex Sharrin and Jeffrey Cicurel are Limited Nonresident Commercial Real Estate Broker or Salesperson
Market Context
This retail in Chapel Hill, NC is listed for sale at $3,750,000. It is offered at an approximate 4.0% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2023. Compare it against other retail listings for sale in Chapel Hill, NC — view the full market.
Contact
- Alex Sharrin · 3059135545 · alex.sharrin@jll.com
- Jeffrey Cicurel · 7735738118 · jeffrey.cicurel@jll.com
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