Skip to main content

Restaurant

Chick-fil-A Ground Lease

47 Meadow Park Ave, Lewis Center, OH 43035

Listing Price: $3,350,000

Cap Rate
4.10%
Tenant Name
Chick-fil-A
Years Remaining On Lease
14.2
Gross SF
5,167
Guarantor
No Guarantee
Rentable SF
5,167
Price/Gross SF
$648.35
Lease Type
Absolute Net
Rent Per Square Feet
$26.61

Investment Overview

Chick-fil-A, Inc. is an Atlanta-based, family owned and privately held restaurant company founded in 1946 by S. Truett Cathy. The Company has steadily grown to become the largest quick service chicken restaurant chain in the United States, based on domestic annual sales, with nearly 3,100 locations in 47 states, the District of Columbia, and Canada. Total system-wide sales generated from franchised and company-operated restaurants equaled $22.7 billion in 2024, a 5.4 percent increase from 2023.

Lewis Center is a community located in northwestern Orange Township, Delaware County, Ohio, within the Columbus Metropolitan Statistical Area. Lewis Center lies on the east side of the Olentangy River, across from the city of Powell, west of Alum Creek State Park, and north of the Polaris shopping hub. The community is home to over 30,000 residents.

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease
  • Ten Percent Rental Increases Every Fie Years with Multiple Renewal Options
  • Brand New, High-Quality, 2024 Construction with Two Drive-Thru Lanes
  • Total Systemwide Sales for Chick-fil-A Exceeded $22.7 Billion in 2024, a 5.4 Percent Increase from 2023
  • Signalized Hard Corner Location with Excellent Frontage Along Columbus Pike (Visible to More Than 47,870 Cars per Day)

Exclusively Listed By

Financing By

Restaurant

Chick-fil-A Ground Lease

Listing Price: $3,350,000

Cap Rate
4.10%
Tenant Name
Chick-fil-A
Years Remaining On Lease
14.2
Gross SF
5,167
Guarantor
No Guarantee
Rentable SF
5,167
Price/Gross SF
$648.35
Lease Type
Absolute Net
Rent Per Square Feet
$26.61

Investment Highlights

  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease
  • Ten Percent Rental Increases Every Fie Years with Multiple Renewal Options
  • Brand New, High-Quality, 2024 Construction with Two Drive-Thru Lanes
  • Total Systemwide Sales for Chick-fil-A Exceeded $22.7 Billion in 2024, a 5.4 Percent Increase from 2023
  • Signalized Hard Corner Location with Excellent Frontage Along Columbus Pike (Visible to More Than 47,870 Cars per Day)

Investment Overview

Chick-fil-A, Inc. is an Atlanta-based, family owned and privately held restaurant company founded in 1946 by S. Truett Cathy. The Company has steadily grown to become the largest quick service chicken restaurant chain in the United States, based on domestic annual sales, with nearly 3,100 locations in 47 states, the District of Columbia, and Canada. Total system-wide sales generated from franchised and company-operated restaurants equaled $22.7 billion in 2024, a 5.4 percent increase from 2023. Lewis Center is a community located in northwestern Orange Township, Delaware County, Ohio, within the Columbus Metropolitan Statistical Area. Lewis Center lies on the east side of the Olentangy River, across from the city of Powell, west of Alum Creek State Park, and north of the Polaris shopping hub. The community is home to over 30,000 residents.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower