Chick-fil-A Ground Lease

La Quinta
,
CA
California
Coachella Valley

Call for Details

$

7,857,000

Call for Details
3.50
%
CAP Rate
SITE RENDERING

Triple-Stacked Double Drive-Thru

Brand New 2025 Construction

Strong Retail Location within the Coachella Valley

High Trafficked Hard Corner Location on CA-111 (51,019 AADT)

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

Property details
  1. Brand New 15-Year Corporate Ground Lease to Chick-fil-A
    • No Landlord Maintenance Responsibilities
    • Scheduled 10% Rental Escalations Throughout Primary Term and at Options
  2. Brand New 2025 Construction featuring a Triple-Stacked Double Drive-Thru
  3. Chick-fil-A Generated 2023 Sales of $21.58 Billion (14.7% YoY Increase)
    • Freestanding Locations Boast an Average Unit Volume (AUV) of $9.3 Million
  4. Strong Ingress/Egress on CA-111 Arterial within La Quinta's Primary Retail Corridor
    • Situated at Highly Trafficked Signalized Hard Corner (51,019 AADT) with Cross Access to New Quick Quack Car Wash
    • Approximately 4 Miles from Interstate 10 (105,000 AADT)
  5. Surrounding Area Home to Many Attractions including Numerous World-Class Golf and Country Clubs, Resorts and Spas, Casinos, Entertainment Venues, Museums, the 261,000 SF Palm Springs Convention Center, and More Attracting Tourists from Around the World
    • Large-scale Yearly Events include the PGA Tour's American Express Golf Tournament, Coachella, Stagecoach, La Quinta Arts Celebration, Ironman 70.3 Triathlon, Riverside County Fair, BNP Paribas Open Indian Wells Tennis Tournament, and More
  6. La Quinta is Part of the Riverside-San Bernardino-Ontario MSA, the "Inland Empire"
    • $256.9 Billion GDP - 15th Among U.S. Metro Areas
    • 4.7 Million Population - 13th Most Populous Metro Area in the U.S.
  7. Less than 2 Hours to Los Angeles and Orange County and Less than 2.5 Hours from San Diego
  8. Daytime Population of 169,781 within 5 Miles
  9. Average Household Income of $117,050 within a 5-Mile Radius
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
4,800
SF
Lot Size
2.36
AC
View Offering Memorandum
View Offering Memorandum
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387