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May 27, 2024
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RETAIL NEWS
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SRS Real Estate Partners’ National Net Lease Group Sold 22 Chick-fil-A Occupied Properties in 2022

1/11/23

SRS Real Estate Partners’ National Net Lease Group in 2022 sold a total of 22 properties occupied by Chick-fil-A valued at $87 mil with an average cap rate of 3.77%. This makes up for a 32% market share for all Chick-fil-A-occupied assets sold last year, giving the firm the largest market share among all other brokerage firms.

Additionally, SRS has $46 mil of Chick-fil-A properties for sale or currently in escrow, positioning 2023 as another strong year for the firm for sales of the country’s most successful chicken sandwich quick service restaurant chain.

SRS currently has Chick-fil-A assets in Louisiana, Texas, Mississippi and Georgia in escrow, and has locations in New York, California, Arizona, Texas, Georgia and New Jersey on the market.





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