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79520 CA-111La Quinta, CA 92253
Southern CA Chick-fil-A Ground Lease
Asset ClassRetail
MSARiverside-San Bernardino-Ontario
Opening Soon: New Construction Chick-fil-A in the Coachella Valley
overview of deal

Overview

Chick-fil-A Ground Lease – La Quinta, CA presents a rare opportunity to acquire a brand new 2025 construction on a 15-year corporate ground lease with no landlord responsibilities. Located at a high-traffic signalized hard corner in the heart of La Quinta’s retail corridor, this ±2.36-acre site features a triple-stacked double drive-thru and 10% rent escalations every five years. Positioned in the affluent and fast-growing Coachella Valley, the property benefits from strong demographics, exceptional visibility on Highway 111, and proximity to world-class golf resorts, residential developments, and premier shopping centers.

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Investment Highlights

Cap Rate
4.15%
Deal Size
$6.11 M
  • Brand New 15-Year Corporate Ground Lease to Chick-fil-A
  • Brand New 2025 Construction featuring a Triple-Stacked Double Drive-Thru
  • Chick-fil-A Generated 2023 Sales of $21.58 Billion (14.7% YoY Increase)
  • Strong Ingress/Egress on CA-111 Arterial within La Quinta's Primary Retail Corridor
  • Surrounding Area Home to Many Attractions including Numerous World-Class Golf and Country Clubs, Resorts and Spas, Casinos, Entertainment Venues, Museums, the 261,000 SF Palm Springs Convention Center, and More Attracting Tourists from Around the World
  • La Quinta is Part of the Riverside-San Bernardino-Ontario MSA, the "Inland Empire"
79520 CA-111La Quinta, CA 92253

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Listing provided by Revere CRE