Investment Highlights

NEW 20-YEAR ABSOLUTE NNN GROUND LEASE
» Chick-fil-A is the largest chicken chain and the third largest American fast food restaurant chain
» No landlord management, making this an ideal opportunity for an out-of-area investor

HARD-CORNER LOCATION IN DENSELY POPULATED AND GROWING NORTH CAROLINA SUBMARKET
» Hard-corner location at the signalized four-way intersection of Gillis Hill Road and U.S. Route 401/South Raeford Road (33,000 AADT)
» Convenient access to South Reilly Road (31,000 AADT), increasing commuter traffic to the location
» 109,855 residents living within a five-mile radius of the location, providing a large customer base for the site
» Projected average annual household income increase of 13 percent within five miles of the site in the next five years, poising Chick-fil-A and Fayetteville for explosive concurrent growth
» Surrounded by residential neighborhoods (11 apartment complexes within a five-mile radius)

CENTRAL LOCATION NEAR LARGE SCHOOLS, EMPLOYERS, AND COMMUNITY HUBS
» Outparcel to ALDI-anchored shopping plaza
» Across the street from Westside Village Shopping Center, featuring national retailers such as Walmart Supercenter, Taco Bell, Wendy’s, GameStop, Bojangles, and more
» Within five miles of six schools with a combined enrollment of 4,289 students, greatly increasing lunchtime traffic to the site
» 11 miles from Fort Bragg, one of the largest military installations in the world (57,000 military personnel, $11 billion annual economic impact)
» Beneficial proximity to the Fayetteville Regional Airport (200,000+ annual passengers)
» 10 miles from Downtown Fayetteville (209,468 residents)

NEW 2020 CONSTRUCTION
» Features dual-lane drive-thru
» New building constructed to Chick-fil-A’s latest prototype

Property Description

SOLD

The property has a hard-corner location at the signalized four-way intersection of Gillis Hill Road and U.S. Route 401/South Raeford Road, which experiences 33,000 vehicles per day at the intersection. The site also maintains convenient access to South Reilly Road (31,000 AADT), increasing commuter traffic to the location. The property benefits from its location in a populous and growing area, with 109,855 residents living within a five-mile radius of the site. The property is primed to grow along with the surrounding area, with a projected average annual household income increase of 13 percent within five miles of the site in the next five years. The population around the site is growing rapidly, as 11 apartment complexes reside within five miles of the location.

The location benefits from its proximity near large schools, employers, and community hubs. The property is outparcel to a recently constructed ALDI-anchored shopping plaza, promoting crossover shopping to the location. The site is also across the street from Westside Village Shopping Center, featuring national retailers such as Walmart Supercenter, Taco Bell, Wendy’s, GameStop, Bojangles, and more. The site benefits from its location 11 miles from Fort Bragg, one of the largest military installations in the world (57,000 military personnel, $11 billion annual economic impact). The location resides within five miles of six schools with a combined enrollment of 4,289 students, greatly increasing lunchtime traffic to the site. Visibility is
also increased by the site being near Fayetteville Regional Airport, which experiences 200,000+ annual passengers. Additionally, the property is located 10 miles from Downtown Fayetteville (209,468 residents), increasing commuter traffic to the site.