Restaurant
Chick-fil-A | Low Rent | Recently Renovated Unit
28632 Marlboro Ave, Easton, MD 21601
Listing Price: $3,288,353
Investment Overview
The Tenant, Chick-fil-A, Inc., has four years remaining on a corporate NNN
ground lease. The lease features rental increases of 10 percent (10%) in each of its four, five-year option
periods, providing revenue growth and a hedge against inflation. Chick-fil-A operates successfully in this
4,195 square-foot restaurant with dual drive-thru and outdoor dining that was added in 2023. Per Placer.
Ai, this location ranks in the 71st percentile chainwide and is the 2nd best of six stores within a 30-mile
radius with 937.8 thousand annual customer visits. The combination of the unit’s Placer.Ai ranking and
tenant-funded renovation provides a high likelihood of the tenant’s renewal.
Investment Highlights
- TOP 1/3 OF ALL CHICK-FIL-A LOCATIONS NATIONALLY PER PLACER.AI
- RECENT RENOVATION AND DRIVE-THRU EXPANSION
- 10% INCREASES PER OPTION
Exclusively Listed By
Listing Price: $3,288,353
Investment Highlights
- TOP 1/3 OF ALL CHICK-FIL-A LOCATIONS NATIONALLY PER PLACER.AI
- RECENT RENOVATION AND DRIVE-THRU EXPANSION
- 10% INCREASES PER OPTION
Investment Overview
The Tenant, Chick-fil-A, Inc., has four years remaining on a corporate NNN ground lease. The lease features rental increases of 10 percent (10%) in each of its four, five-year option periods, providing revenue growth and a hedge against inflation. Chick-fil-A operates successfully in this 4,195 square-foot restaurant with dual drive-thru and outdoor dining that was added in 2023. Per Placer. Ai, this location ranks in the 71st percentile chainwide and is the 2nd best of six stores within a 30-mile radius with 937.8 thousand annual customer visits. The combination of the unit’s Placer.Ai ranking and tenant-funded renovation provides a high likelihood of the tenant’s renewal.
Exclusively Listed By