Noble Properties is pleased to announce a fully executed a lease with Chick-Fil-A in Ft. Gratiot, MI. Construction commenced in the summer of 2024 and is scheduled to be completed by November 2024. The property is situated along 24th Avenue, a major north south corridor, and is located on a 1.81 acre site directly adjacent to a Panda Express and in front of a Meijer grocery establishment. Noble Properties successfully sourced the tenant directly by marketing the property in-house and was diligent in working towards a mutually agreeable lease agreement. Chick-Fil-A is one of the most sought after net leased assets in the country, with average unit volumes of $9.3 million as of 2023, and providing real estate investors with one of the securest and greatest investment grade tenants. According to the company website, Chick-Fil-A has approximately 3,000 restaurants in 48 states.
