Chick-fil-A - Warwick, RI 1225 Division St st 5,200 SF Retail Building East Greenwich, RI 02818 $4,735,783 ($910.73/SF) 4.15% Cap Rate

Atlantic Capital Partners is pleased to present a brand new Chick-fil-A ground lease at 1225 Division Street in Warwick, Rhode Island. The newly constructed modern prototype sits directly on Route 2, one of the Providence MSA’s most established and high-performing retail corridors, surrounded by major national anchors including Walmart, Home Depot, Kohl’s, Stop & Shop, Tesla, and Showcase Cinemas. The site benefits from exceptional regional connectivity with immediate access to both I-95 and Route 4, the primary gateway to Rhode Island’s South County beaches and a significant driver of peak seasonal traffic. The property is also positioned at the border of East Greenwich, one of the wealthiest communities in the state, further enhancing the trade area’s spending power and long-term retail stability.

The asset features a 20 year corporate guaranteed ground lease with Chick-fil-A, Inc., including six 5 year renewal options and ten percent rent increases every five years. With zero landlord responsibilities, the lease structure provides passive, predictable income backed by one of the nation’s strongest QSR operators. The location is further strengthened by its adjacency to a highly successful Starbucks and Chipotle, reinforcing the corridor’s status as a premier daily needs and restaurant destination. Warwick remains one of Rhode Island’s most desirable suburban markets, offering average household incomes above one hundred and five thousand dollars within three miles and more than one hundred fourteen thousand residents within five miles. Combining best in class tenancy, premier real estate fundamentals, and exceptional market demographics, this offering represents a rare opportunity to acquire a top tier Chick-fil-A in a high barrier and supply constrained New England market.