Commercial Real Estate, Capital, Insurance, Leasing & Management

Franklin Street Arranges $2.85 Million Sale of Chick-fil-A Ground Lease

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All-cash buyer acquires ground lease in Jacksonville, Florida

Franklin Street Real Estate Services has arranged the $2.85 million sale of a 4,876-square-foot Chick-fil-A ground lease, located in Jacksonville, Florida. Mac McCall of Franklin Street’s Atlanta office represented the Florida-based seller in the transaction. A South Carolina-based LLC acquired the property.

“This sale is indicative of the strength of the retail market in northern Florida,” McCall said. “We were able to secure an all-cash buyer who closed within a day of signing the contract. Franklin Street’s national database of investors and brokers allows us to secure buyers quickly, especially for premium assets.”

The newly-constructed Chick-fil-A is located at 3280 Oak Bluff Lane, just off Interstate 295 on San Jose Blvd. An estimated 120,407 people live within a five-mile radius of the site and the average household income in the radius is just under $105,000.

About Franklin Street: Franklin Street is a family of full-service real estate companies focused on delivering value-added solutions to meet the evolving needs of clients.
 Through a collaborative philosophy of leveraging the resources, expertise, and experience of each of its divisions—Real Estate, Capital, Insurance, and Management—Franklin Street offers unmatched value and optimal solutions for clients nationwide. For more information on Franklin Street, please visit

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