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Home News Releases 55,000 SQFT Chick-Fil-A Ground Lease Trades for $4.6MM in Gilroy
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55,000 SQFT Chick-Fil-A Ground Lease Trades for $4.6MM in Gilroy

September 2, 20241 Mins read406
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Chick-Fil-A, Gilroy
Photo by Zoshua Colah on Unsplash
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GILROY, Calif., August 29, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Chick-Fil-A Ground Lease, a 55,321-square-foot net-leased property located in Gilroy, California. The asset sold for $4,600,000, at approximately four percent cap rate. “The […]

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