Chick-fil-A Ground Lease

Austin

Call for Details

3.75

CAP Rate

from Samsung Austin Semiconductor Plant (3,000+ Employees and ±1,500 Daily Consultants)

Chick-fil-A has Highest Average Unit Volume Among QSR Users

from the University of Texas at Austin

Property details

New 15-Year Corporate Absolute Net Ground Lease to Chick-fil-A
- No Landlord Maintenance Responsibilities
- Scheduled 10% Rental Escalations Throughout Primary Term
Brand New Drive-Thru Only Prototype Featuring Double Drive-Thru Component and Outdoor Seating Area
Chick-fil-A has Highest Average Unit Volume Among QSR Users
- 2023 Average Unit Revenues of $9.4M for Non-Mall Locations
Low Ground Rent
Robust Demographics in Surrounding Area
- Average Home Value Expected to Increase 34% by 2029 within 1 Mile
Approximately 1 Mile from Samsung Austin Semiconductor Plant
- 3,000+ Employees and ±1,500 Daily Consultants
Prominent Retail Location Neighboring Numerous Major Shopping Centers and Retail Tenants
Close Proximity to East Village, a 425-Acre Mixed-Use Development Under Construction
- 2,400 Multi-Family Units & 466 Single-Family Homes
- 350k SF of Retail & Restaurants & 1.5 Million SF of Class A Office Space
Adjacent Dutch Bros Coffee Among Top 15% of Locations in TX by Number of Visits (per Placer.ai)
Less than 10 Miles from The University of Texas at Austin
- 51,000+ Students and Staff of 3,000+
Population of 255,682 within 5 Miles
Average Household Income of $109,291 within a 3 Mile Radius
No State Income Tax in Texas

Listing leads

Putnam Daily

Managing Partner

CA RE Lic #01750064

Lindsey Snider

Senior Partner