Investment Highlights

15-YEAR ABSOLUTE NNN GROUND LEASE WITH SCHEDULED RENTAL INCREASES
» Chick-fil-A is the largest chicken chain and the third largest American fast food restaurant chain in the U.S.
» Long-term lease, with eight (8) extension periods of five (5) years each
» Fixed rental increases in option periods
» Located on larger-than-typical QSR parcel (1.66 acres)

QSR ASSET IS A WALMART SUPERCENTER OUTPARCEL
» Outparcel to Walmart Supercenter, significantly increasing crossover shopping to the location
» Chick-fil-A has a double drive-thru component and is perfectly positioned to capture commuter traffic along Interstate 55 between Byram and Jackson, as well as cross traffic from Walmart Supercenter
» 30,547 residents within a five mile radius of the location
» Chick-fil-A has more than 2,600 locations and is rapidly growing throughout the U.S.
» Chick-fil-A reported more than $13 billion in revenue in 2020, which marks 53 consecutive years of sales growth

HIGH-TRAFFIC LOCATION IN DENSE RETAIL CORRIDOR
» Excellent access and visibility to 31,100 vehicles per day directly in front of the property at the signalized hard corner of Siwell Road and Terry Road
» Immediate access to Interstate 55, a major freeway connecting Byram to downtown Jackson, with a high traffic count of 51,000 vehicles per day
» Located in a dense retail area and surrounded by major national tenants
» Projected 12% average annual household income increase within five miles of the site in the next five years, posing Chick-fil-A and Byram for significant concurrent growth

Property Description

» The property is conveniently located at the signalized hard corner of Siwell Road and Terry Road, with excellent visibility and access to a combined 31,100 vehicles per day
» Located in a dense retail corridor, the property is surrounded by notable tenants such as Walmart Supercenter, Walgreens, Hibbett Sports, Circle K, McDonald’s, and many more
» This Chick-fil-A draws from a large and established customer base with immediate access to Interstate 55, a major freeway connecting Byram to Downtown Jackson, with a high traffic count of 51,000 vehicles per day
» The property is located on a larger-than-typical QSR parcel (1.66 acres)
» Projected income increase within 1-, 3-, and 5-mile radii over the next five years poise Chick-fil-A and Bryam for steady concurrent growth
» The site features a double drive-thru component and is perfectly positioned to capture commuter traffic along Interstate 55 between Byram and Jackson, as well as cross traffic from Walmart Supercenter