Chick-fil-A
Single-Tenant Offerings
Chick-fil-A
118 Hilltop Way
Forest City (Charlotte MSA), NC
- Price:
- $5,330,000
- Cap Rate:
- 3.75%
- NOI:
- $199,918
- Rentable SQFT:
- 4,954 SF
- Year Built:
- 2021
- Lot Size:
- 1.416 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
- Corporate Guaranty, Over 2,795 Locations in 47 States and System-Wide Sales of $13.7 Billion
- 3rd Largest Fast Food Chain in the U.S. with Average Sales of $8.1 Million Per-Store
- Chick-fil-A has Experienced 52 Consecutive Years of Sales Growth
- Brand New Build to Suit Construction Featuring the Latest Chick-fil-A Prototype with a Double Drive-Thru
- Serving Over 67,000 Residents in Rutherford County, 60 Miles West of Downtown Charlotte
- Strategic Location, Only Chick-fil-A in the County
- Highly Visible to Approximately 36,000 Cars/Day Along Major Thoroughfare
- Across from a High-Volume Walmart Supercenter and Lowe’s Home Improvement
- Minutes to Isothermal Community College with 1,941 Students and Several K-12 Schools with 3,500 Students
- Just East of the Great Smoky Mountains Park with 14.1 Million Annual Visitors, Most Visited National Park in the U.S.
- Close Proximity to Nantahala and Pisgah National Forests with 4.6 Million Annual Visitors; South Mountain and Chimney Rock State Parks with 709,000+ Annual Visitors,
- Strong Daytime Population, Over 17,000 Employees in the Trade Area
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