DALTON, Ga. — Gomez Group of Cushman & Wakefield is pleased to announce the successful closing of a Chick-fil-A net lease investment property located at 1275 Glenwood Avenue, Dalton, Georgia 30721. The property sold for $2,450,000, representing a 4.28% capitalization rate.

The transaction highlights continued investor interest in established quick-service restaurant (QSR) real estate and single-tenant net lease investments. Gomez Group facilitated the sale through an all-cash offer from a private local buyer completing a 1031 exchange.

Chick-fil-A Investment Property – Transaction Overview

The recently closed Chick-fil-A NNN property features a freestanding restaurant constructed in 2022. Situated on approximately 1.14 acres, the property encompasses 5,164 square feet of building space and offers convenient parking and drive-through access.

Key property and transaction details include:

Property: Chick-fil-A

Location: 1275 Glenwood Avenue, Dalton, GA 30721

Closed Sale Price: $2,450,000

Capitalization Rate: 4.28%

Building Size: 5,164 square feet

Land Area: 1.14 acres

Year Built: 2022

Lease Structure: Absolute Triple Net (NNN) Ground Lease

Lease Guaranty: Corporate Guaranty

Remaining Lease Term: Approximately 17 years

Buyer: Private Local 1031 Exchange Investor

Financing: All-Cash Offer

The property was marketed with an absolute NNN ground lease structure, providing a long-term contractual framework with the tenant responsible for property-related operating expenses under the lease terms. The original lease structure included a 20-year term and six additional five-year renewal options.

Strong Location and Established QSR Presence

Located in Dalton, Georgia, the Chick-fil-A property benefits from its position within an established commercial corridor. The surrounding area includes national and regional retailers, grocery destinations, restaurants, and other consumer-oriented businesses.

The property's location offers visibility along Glenwood Avenue, with reported traffic counts of approximately 26,500 vehicles per day. It also provides access to U.S. Highway 41 and is approximately three miles from Interstate 75, connecting the Dalton market with surrounding regional destinations.

The property's 2022 construction, established restaurant tenancy, drive-through configuration, and absolute NNN lease structure contributed to its positioning as a net lease investment opportunity.

Investor Demand for Chick-fil-A Net Lease Properties

The successful Chick-fil-A investment sale reflects the continued appeal of single-tenant net lease real estate among private investors seeking established retail tenancy and contractual rental income.

A Chick-fil-A net lease investment can attract buyers evaluating recognizable restaurant operators, long-term lease commitments, and strategically positioned retail locations. For investors pursuing a 1031 exchange, these properties may also present an opportunity to transition proceeds from another investment property into a single-tenant commercial real estate asset, subject to individual investment and tax considerations.

The completed Chick-fil-A net lease sale further demonstrates the importance of understanding property fundamentals, lease structures, market positioning, and buyer objectives when executing a commercial real estate transaction.

Gomez Group's National Net Lease Brokerage Expertise

Gomez Group of Cushman & Wakefield specializes in the disposition of net lease properties and shopping centers across the United States. Through its proprietary investor relationships, targeted marketing strategies, and national brokerage platform, the team works with private investors and property owners to navigate commercial real estate transactions.

With more than $2 billion in completed property sales across 43 states, Gomez Group continues to serve investors in single-tenant net lease properties, retail investments, and shopping center transactions.

The successful closing of the Dalton Chick-fil-A property adds another transaction to the team's national track record of net lease investment sales.

For investors interested in Chick-fil-A NNN property opportunities, Chick-fil-A net lease investments, or other commercial real estate acquisitions and dispositions, Gomez Group provides specialized brokerage and investment sales services.

Explore available investment opportunities and learn more about Gomez Group at https://gomezgroup.com/.

Media Contact

Gomez Group of Cushman & Wakefield
Website: https://gomezgroup.com/
Email: [email protected]
Phone: (858) 822-9811