Chick-fil-A Ground Lease
Closed720 Hickory Trail SE, Mableton, GA 30126
Property type
Retail
Price
$3,340,858
Building size
4,852 sf
Rentable area
4,852 SF
Year built
2025
Year renovated
Occupancy
Zoning code
Lot size
3.80 Acres
Sold/status
Sold · Date unknown
Sale price
$3340858
CAP
4.43%
Net Operating Income
$148,000
Property description
Franklin Street is pleased to exclusively present this brand-new construction Chick-fil-A ground lease located in Mableton, Georgia—an established and rapidly growing suburb within the Atlanta MSA, home to over 6.3 million residents. This high-traffic location benefits from its proximity to a Publix-anchored shopping center and a dense mix of national retailers, including Dollar Tree, Wendy's, AutoZone, and McDonald's, driving consistent consumer traffic to the area. This new freestanding location features a dual-lane drive-thru—a standard feature across Chick-fil-A’s high-volume models—which significantly enhances operational efficiency and throughput. Positioned along Highway 78, a busy corridor with visibility to nearly 30,000 vehicles per day, this site enjoys excellent access and regional connectivity, with quick routes to I-285 and downtown Atlanta. The oversized 3.8 Acre lot allows for future optionality on the site. Chick-fil-A continues to lead the QSR industry in sales per unit, and will likely operate at an extremely low rent to sales ratio. Chick-fil-A remains a private company owned by the original founding family, but reports $22.7B in annual revenue.
Property highlights
- New construction Chick-fil-A ground lease in the Atlanta MSA
- 15-Year Absolute NNN Ground Lease with 8% bumps every 5 years
- Across from a strong performing Publix-anchored shopping center with Publix doing $40M+ in sales
- Chick-fil-A has the highest sales per unit amongst QSRs with $9.4M average unit volumes
- Dense Atlanta Suburb: 177,000+ residents within 5 mile radius
- Affluent Shoppers with Disposable Incomes: $140,000+ average household incomes
- Excellent Visibility & Access Along Hickory Trail SE (29,900+ VPD)
- Oversized Lot (3.8 Acres) to Allow For Future Optionality