Chick-fil-A

Average Sale and Lease Details

Price Range 12mo avg: $1.6M – $3.6M
$/sf 12mo avg: $606
CAP Rate 12mo avg: 4.12%
NOI average: $99,886
Lease Terms: 15yrs
Typical Lease Type: NNN
Building Size avg: 4,300 SF
Lot Size avg: 1.25+/- acres

About Chick-fil-A

Company Overview

It all started in 1946, when Truett Cathy opened his first restaurant, Dwarf Grill, in Hapeville, Georgia. Credited with inventing Chick-fil-A’s boneless breast of chicken sandwich, Mr. Cathy founded Chick-fil-A, Inc. in the early 1960s and pioneered the establishment of restaurants in shopping malls with the opening of the first Chick-fil-A Restaurant at a mall in suburban Atlanta in 1967. Since then, Chick-fil-A has steadily grown to become the largest quick-service chicken restaurant chain in the United States, based on domestic annual sales with over 1,900 locations in 41 states and Washington, D.C. In 2014, system-wide sales reached nearly $6 billion. Chick-fil-A is still privately held and family owned. With 46 consecutive years of positive sales growth, Chick-fil-A has set itself apart by pioneering innovations and delicious products—including the ever-popular Chick-fil-A® Chicken Sandwich.


 

Annual Reports

Chick-fil-A Financial Highlights

S&P Credit Rating: Privately Held Company
Moody’s Credit Rating: Privately Held Company
Annual Revenue 2014: Privately Held Company
Annual Revenue : Privately Held Company
Revenue Growth: Privately Held Company
Net Income Privately Held Company$B
Units (Apr. 2015) 1,900
Average Units Volume: Privately Held Company$K

Recent Closings for Chick-fil-A and Similar Tenants

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