Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Chick-fil-A located at 13001 South Dixie Highway in Miami, Florida. The recently constructed 3,585-square-foot restaurant sits on approximately 1.25 acres and is subject to a 15-year absolute NNN ground lease with Chick-fil-A, Inc., with approximately 13 years remaining. The lease provides for 8% rental increases every five years throughout the initial term and ten, five-year renewal options, offering investors long-term income growth with minimal landlord responsibilities. The offering is backed by one of the nation’s leading quick-service restaurant brands. Chick-fil-A is the largest U.S. chicken chain by domestic sales, operating 3,287 U.S. restaurants and generating approximately $23.9 billion in 2025 U.S. systemwide sales. The privately held company, founded in 1967, supports more than 200,000 Team Members and continues to expand both domestically and internationally. The subject lease is directly with Chick-fil-A, Inc., providing investors exposure to an established national restaurant operator with substantial scale and brand recognition. Equally compelling is the strength of the underlying real estate. The property is positioned along South Dixie Highway in the affluent Pinecrest trade area within the Miami MSA, with visibility to more than 68,000 vehicles per day. The surrounding demographics demonstrate exceptional spending power, including average household income of $169,304 within one mile and $169,453 within three miles. More than 268,000 residents live within five miles, while the broader 10-mile population exceeds 1.09 million. The immediate area is supported by a dense concentration of retail, healthcare and institutional demand generators. The property is approximately one-half mile from The Falls, a Simon-owned shopping destination with more than 110 stores and restaurants, and is adjacent to Baptist Health medical offices and less than two miles from Jackson South Medical Center. Average Pinecrest home values are near $1.7 million. Together, the tenant credit, long-term lease structure and affluent Miami location create a rare combination of income security and high-quality underlying real estate.