Tenant: Church’s Chicken
Premises: 1797 SF
Renewal Options: 4 x 5
Lease Expiration: 2030
Lease Type: NNN
Rental Increases: 7.5% Every 5 Years
- 15 Year NNN Sale-Leaseback Opportunity
- Located Directly Off of Highway 285
- Heavy Traffic – 33,500 Cars Daily
- 5 Miles from Atlanta Hartsfield-Jackson Airport
- Projected Rent to Sales 7.5% Post Renovation
- Experienced Operator – Single Unit Guarantor
- SLB – Operator to Use Proceeds to Improve Site Over 100k in CapEx
Initially, the restaurant only sold chicken, but added fries and jalapeños in 1955. The company had four restaurants by the time of Church’s death in 1956. In the 1980s, the chain briefly operated a hamburger franchise called G. W. Jrs in Texas. From 1979 through 1986, Church’s Chicken sponsored the “Grand Prix” series of chess tournaments under the auspices of the United States Chess Federation.
Rapid growth followed, and Church’s became the second-largest chicken restaurant chain in 1989, when it merged with Popeye’s Chicken & Biscuits. The brands had their supply lines consolidated, but were still marketed as separate chains. To date, Church’s Chicken has over 1,660 locations in 27 countries. The menu for Church’s has expanded to include fried okra, coleslaw, mashed potatoes, corn on the cob and honey butter biscuits. Also, newer entree choices have emerged, including, sandwiches, nuggets, tacos and a spicy flavor option for the chicken.
