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PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 9 Updated: 09.24.25 Posted: 09.24.25 Status: Active     09.24.25

Summary

Price $6,111,000
Built/Renov 2025
Tenant Chick-fil-A
Cap Rate 4.50%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 4,800
Lease Start 06-16-2025
#Units 3,059
Price/SF $1,273.13
Expiration 06-15-2040
Tenant Type Fast Casual/Rest.
NOI $275,000
R. Term 0.00
Ownership Ground Lease
Rent/SF $57.29
Increases 10.0%/6/yrs
Pop 5Mi 165,008
Lot/AC 2.36
Options 4/5yrs/10%
AHHI 5Mi $117,050

Highlights

  • Brand new 2025 Chick-fil-A construction with triple-stacked double drive-thru

  • 15-year corporate ground lease commencing June 16, 2025

  • Absolute NNN lease with no landlord responsibilities

  • 10% rent increases every 5 years and at options

  • Located at signalized hard corner on CA-111 and Dune Palms Road

  • Surrounded by major national retailers including Walmart, Costco, and Target

  • 5-mile trade area population of 165,008 with $117,050 average household income

Location Description

The Chick-fil-A Ground Lease – La Quinta, CA is strategically located along CA-111 in La Quinta, California, with access to a daily traffic count of approximately 51,019 vehicles. The site is surrounded by major national retailers including Walmart Supercenter, Costco, Home Depot, etc, driving consistent consumer traffic to the area. The property is located near several schools, residential...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Chick-fil-A
  • Guarantor:Corporate
  • Company:Chick-fil-A Inc.
  • # Units:3,059

About Tenant

Chick-fil-A is one of the largest American fast-food restaurant chains, and the largest specializing in chicken sandwiches. Chick-fil-A was first opened in 1946 in Atlanta, Georgia, under the...


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