Tag: Chick-fil-A

Tenant Profile – Chick-fil-A

Ever since its inception in 1946 in Hapeville, a suburb of Atlanta, GA, Chick-fil-A has steadily progressed into the fast food behemoth we know today. Known for its chicken sandwich, Chick-fil-A currently operates over 2,300 location in 47 states and Washington, DC. Owned by the Truitt family, Chick-fil-A remains a privately held company.…

Albina SuTenant Profile – Chick-fil-A

Fernandez and Fallon Retained to Sell New Trophy $8.4M Chick-fil-A Drive-Thru Property

Calkain Brings 1401 Maryland Ave NE to Market, Fully Leased to Chick-fil-A

Herndon, VA – Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director of Calkain’s Urban Investment Advisors, have been retained to sell 1401 Maryland Ave NE Washington DC.  The fee simple investment opportunity features a long term, landlord friendly lease with Chick-fil-A.  The highly visible corner real estate features one of the only fast food drive-thru windows in the District of Columbia and the only Chick-fil-A in the city with a drive thru.  The Chick-fil-A is in close proximity to the rapidly redeveloping H Street, Union …

Traci BidingerFernandez and Fallon Retained to Sell New Trophy $8.4M Chick-fil-A Drive-Thru Property

Fallon Sells Chick-fil-A in Winchester, VA at 4.12% Cap Rate

Herndon, VA – Calkain Companies’ Andrew Fallon, Executive Managing Director, recently represented the seller of the Chick-fil-A in Winchester, VA. The ground lease property, located in the Rutherford Crossing Shopping Center anchored by Target and Lowe’s, is subject to a long-term ground lease with favorable terms and structured rent escalations.  Fallon sold the Chick-fil-A ground lease for $3,000,000, a 4.12% Cap Rate, to a 1031 exchange cash buyer. This sale marks the lowest Chick-fil-A cap rate in Virginia. Fallon commented, “Our marketing efforts attracted multiple bids and we were able to identify and select the right buyer for the property.”…

Traci BidingerFallon Sells Chick-fil-A in Winchester, VA at 4.12% Cap Rate