1249 Farmington Ave

New 15-Year Lease | Scheduled 10% Rent Increases. The tenant recently signed a brand-new 15-year lease with rent commencement and anticipated opening in January 2026. Scheduled rent increases enhance long-term NOI growth and provide a built-in hedge against inflation. 2025 Construction | Absolute NNN Ground Lease. Constructed in 2025 with modern design, materials, and systems, the property offers contemporary aesthetics and operational efficiency consistent with today’s retail development standards. The lease is structured as an absolute NNN ground lease, with the tenant responsible for CAM, taxes, insurance, and all maintenance of the premises This zero-responsibility lease structure makes the asset an ideal, management-free investment for out-of-state or passive investors. Strong National Brand. Chick-fil-A, Inc. is the 3rd largest quick-service restaurant company in the US, known for its freshly prepared food, signature hospitality and unique franchise model. There are 3,279 Chick-fil-A restaurants in the US as of July 2, 2025. Situated In A Brand-New Shopping Center | Prime Retail Corridor. Situated in a brand-new shopping center next to a Platinum Express Car Wash and Prohealth Medical, a 26,000 SF medical office building with 45 state-of-the-art exam rooms for primary care, phlebotomy and imaging. Surrounded by major national retailers including Walmart, Home Depot, Hobby Lobby, and ShopRite, driving consistent consumer traffic. Dense Residential Base | Affluent Demographics. Over 110,500 residents within a 5-mile radius, with average household income projected to grow from $118,500 in 2024 to $135,800 by 2029.