NEW RELOCATION CHICK-FIL-A WITH A DOUBLE DRIVE THRU • Brand new 4,986 SF Chick-fil-A that is currently under construction and delivering in July 2023. • This Chick-fil-A will feature 3 entry points and a double drive thru. • This property is a relocation of an existing store in the area showing Chick-fil-A’s commitment & confidence in the LaGrange Market.
OUTPARCEL TO A NEW PUBLIX ANCHORED SHOPPING CENTER • The subject property is a 4,986 SF Chick-fil-A with a double lane drive thru positioned at the entrance of a new Publix Anchored Shopping Center on Hwy 14 (17,200 VPD). Starbucks and Wellstar are negotiating outparcels in front of the center as well. • This Publix anchored shopping center is 59,391 SF and is scheduled to deliver in July of 2023. The Publix is also a relocation of an existing Publix in the area which demonstrates their commitment to this market. • A 315 Unit Apartment Complex is under construction behind the Publix and will share an entry point with the shopping center. • WellStar West GA Medical Center is directly across the street from this property. WellStar West is a 157,000 SF facility with 550 beds and 250 employees • Other national retailers in LaGrange include a Walmart Supercenter, Home Depot, Hobby Lobby, Big Lots and more.
15 YEAR NNN GROUND LEASE WITH 10% RENT INCREASES • The subject property has a new 15-Year Corporate Guaranteed NNN Ground Lease with 10% rent increases in the lease and options. • The tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof, and structure • There are 100% no Landlord responsibilities relating to the property or the shopping center.
LAGRANGE, GA | ATLANTA MSA • LaGrange is located in about an hour southwest of Atlanta on Interstate 85 (39,400 VPD) and is a part of the Atlanta MSA. • KIA Motors has its only US assembly plant just south of LaGrange. The plant covers 2,200 AC and produces over 340,000 vehicles per year. The plant is the county’s largest employer and is responsible for the creation of more than 15,000 jobs in LaGrange and the surrounding area. • Walmart has a 1M SF distribution center in LaGrange. • LaGrange College is the oldest private college in Georgia with nearly 750 students and 68 faculty members. • LaGrange is the county seat of Troup County.
UNRIVALED QSR TENANT • Chick-Fil-A has been in business for 75 years and has grown to over 2,909 locations in 47 states • #1 Ranked Restaurant by average sales per unit ($8.5 Million) even though it is closed on Sundays • Chick-fil-A has reported nearly $19 Billion in system wide sales in 2022 • Ranked #1 as America’s favorite fast-food restaurant 7 years in a row • Largest Fast Food Chicken Chain in the World