3502 W Camp Wisdom Rd Dallas, TX 75237

Listing agency Cushman & Wakefield - Dallas, Texas

Listed by Andrew White · License #710785

Source Crexi

Added: Apr 11 Updated: Jul 22 at 4:01PM Checked: Jul 22 at 4:01PM

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Investment Insights

Based on property information with market context.

Cushman & Wakefield presents a 15-year Chick-fil-A ground lease opportunity on approximately 1.53 acres located at 3502 W. Camp Wisdom Road. The ground lease is with Chick-fil-A Corporate. Construction commenced in June, with a projected opening in November 2023.

The site is positioned at the entrance to the newly redeveloped Shops at RedBird. The offering is presented as a ground-leased asset to Chick-fil-A Corporate, with recent industry information cited in the materials indicating an over 14% increase in average sales per store over the past 12 months, with averages reported at over $3.9M per restaurant.

For investors seeking a single-tenant ground lease structure, this asset provides exposure to a Chick-fil-A corporate lease with a fixed 15-year term and an in-progress development schedule targeted for a November 2023 opening.

Key Highlights

• 1.53‑acre site with a 15‑year Chick‑fil‑A corporate ground lease at 3502 W. Camp Wisdom Road
• Ground leased to Chick‑fil‑A Corporate
• Land positioned at the entrance to the Shops at RedBird

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FAQs

What type of property is this?

Specialty property - 15-year Chick-fil-A corporate ground lease on land positioned at the entrance of Shops at RedBird.

Where is this specialty property located?

The property is located at 3502 W Camp Wisdom Rd Dallas, TX.

What are key features of this property?

This property features: 1.53‑acre site with a 15‑year Chick‑fil‑A corporate ground lease at 3502 W. Camp Wisdom Road; Ground leased to Chick‑fil‑A Corporate; Land positioned at the entrance to the Shops at RedBird