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Chick-fil-A | Absolute NNN Ground Lease 560 W. Shaw Avenue 4,847 SF Retail Building Clovis, CA 93612 $6,887,500 CAD ($1,420.98 CAD/SF) 4% Cap Rate
Investment Highlights
- New 15-Year Lease | Corporate Guaranty | 2026 Construction
- Signalized, Hard Corner Intersection on Shaw Ave (60,788 VPD) |Excellent Real Estate Fundamentals
- Strong Demographics In 5-mile Trade Area | Affluent Incomes
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Premier Shaw Ave Retail Corridor | Major National Big Box Retailers Direct Fwy Access (116,177 VPD) | Fresno State: 25,000+ Students
Executive Summary
• New 15-year corporate ground lease with 3 (5-year) and 1 (4-year and 11-month) options to extend, demonstrating long-term commitment to the site
• 10% rental increases every 5 years
• Brand new 2026 construction equipped with a double drive-thru and 4,847 SF modern store design
• Chick-fil-A is among the most popular QSR brands in the country with
3,400+ locations
• Chick-fil-A standalone locations averaged $9.3M+ in 2024 annual sales
• Chick-Fil-A generated $22.75 billion of total systemwide sales in 2024
• 10% rental increases every 5 years
• Brand new 2026 construction equipped with a double drive-thru and 4,847 SF modern store design
• Chick-fil-A is among the most popular QSR brands in the country with
3,400+ locations
• Chick-fil-A standalone locations averaged $9.3M+ in 2024 annual sales
• Chick-Fil-A generated $22.75 billion of total systemwide sales in 2024
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,847 SF
Building Class
B
Year Built
2026
Price
$6,887,500 CAD
Price Per SF
$1,420.98 CAD
Cap Rate
4%
NOI
$275,500 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.19 AC
Zoning
C-2 - Community Commercial
Parking
81 Spaces (16.71 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 430-500-55 | Improvements Assessment | $74,146 CAD |
| Land Assessment | $2,150,251 CAD | Total Assessment | $2,224,396 CAD |
Property Taxes
Parcel Number
430-500-55
Land Assessment
$2,150,251 CAD
Improvements Assessment
$74,146 CAD
Total Assessment
$2,224,396 CAD
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Chick-fil-A | Absolute NNN Ground Lease | 560 W. Shaw Avenue
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