Chick-Fil-A - Chapel Hill, NC — Business for Sale

  • Price: $3.8M
  • Listing type: For sale
  • Asset type: Business
  • Year built: 2023

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 commercial property is listed for sale at $3,750,000. It is offered at an approximate 4.0% capitalization rate, a key benchmark for income-producing commercial property assets. The building dates to 2023. It has been on the market for 3 days. Compare it against other commercial property listings for sale — view the full market.

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