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Chick-Fil-A | 20-Yr NNN Lease | 1.94 Acres 5580 Wren St 5,211 SF 100% Leased 4-Star Retail Building Cumming, GA 30040 $6,250,000 ($1,199.39/SF) 4% Cap Rate



Investment Highlights
- Trophy Chick-Fil-A in Georgia's Wealthiest County - CORPORATE GUARANTY
- Exceptionally Affluent Demographics - #1 Median household income in Georgia ($191k AHHI)
- Premier Outparcel within the Southard Exchange Development - 16-acre mixed use development anchored by medical & grocer with A+ outparcel lineup
- Rare 20-Year Absolute NNN Ground Lease - Zero Landlord Responsibilities
- Kroger & Publix Anchored Trade Area - 3.2M Annual Visitors according to Placer.AI
- Double Drive-Thru Prototype that featured a large 5,211 SF Building on a 1.94 Acre Parcel
Executive Summary
Faris Lee Investments is pleased to present the rare opportunity to acquire a trophy Chick-fil-A Investment in Georgia’s Wealthiest County, with the grand opening projected for September 2026. The asset is secured by a rare 20-year corporate absolute NNN ground lease featuring 10% rental increases every five years, offering investors a passive, inflation-hedged income stream with zero landlord responsibilities and increasing cash flow throughout the lease term.
Strategically positioned on a dominant hard-corner outparcel within Southard Exchange, the site benefits from exceptional retail synergy between Kroger- and Publix-anchored shopping centers that collectively generate more than 3.2 million annual visits according to Placer.ai. The development has attracted a premier tenant lineup including Fifth Third Bank, Shake Shack, Maepole, and 7 Brew, with additional grocery and medical users planned.
Embedded within the highly affluent and rapidly growing Forsyth County—Georgia’s wealthiest county by median household income—the property is supported by average household incomes exceeding $190,000 and serves more than 140,000 residents within a five-mile radius. Backed by Chick-fil-A, one of the nation’s most sought-after net lease tenants, this offering represents a rare opportunity to acquire a trophy retail investment in one of the Southeast’s strongest growth markets.
Strategically positioned on a dominant hard-corner outparcel within Southard Exchange, the site benefits from exceptional retail synergy between Kroger- and Publix-anchored shopping centers that collectively generate more than 3.2 million annual visits according to Placer.ai. The development has attracted a premier tenant lineup including Fifth Third Bank, Shake Shack, Maepole, and 7 Brew, with additional grocery and medical users planned.
Embedded within the highly affluent and rapidly growing Forsyth County—Georgia’s wealthiest county by median household income—the property is supported by average household incomes exceeding $190,000 and serves more than 140,000 residents within a five-mile radius. Backed by Chick-fil-A, one of the nation’s most sought-after net lease tenants, this offering represents a rare opportunity to acquire a trophy retail investment in one of the Southeast’s strongest growth markets.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,211 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Price
$6,250,000
Price Per SF
$1,199.39
Cap Rate
4%
NOI
$250,000
Percent Leased
100%
Building Height
1 Story
Parking
70 Spaces (13.43 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 7
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