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American Net Lease Facilitates 1031 Exchange Acquisition of Church's Chicken in Plant City, FL
Rezul News/10709410
PLANT CITY, Fla. - Rezul -- Plant City, FL – July 24, 2025 – American Net Lease, a leading advisory firm specializing in single-tenant net lease investments, is proud to announce the successful closing of a Church's Texas Chicken property located at 703 South Collins Street in the heart of downtown Plant City, Florida. American Net Lease exclusively represented the buyer, who acquired the property as part of a strategic 1031 exchange.
"This acquisition checked every box for our client—a strong rental growth, and a booming submarket poised for continued expansion," said Dwaine Clarke, Founder of American Net Lease. "Plant City's growth trajectory, coupled with Church's record-breaking development in 2023 and long-term brand strength, makes this a textbook example of how 1031 buyers can reposition their capital into safer, cash-flowing investments."
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Church's Texas Chicken, with more than 1,500 global locations, has experienced strong performance growth and expansion across key international markets. Plant City itself is undergoing a wave of development, including a proposed 267-unit apartment complex, more than 800 homes under construction, and a city-backed 2040 Master Plan that anticipates the local population exceeding 70,000.
The property is an ideal fit for passive investors seeking recession-resistant, long-term income streams in emerging Florida markets.
About American Net Lease
American Net Lease is a buyer-focused net lease advisory firm helping investors acquire essential retail, medical, and QSR assets across the U.S. The firm offers specialized support for 1031 exchange buyers and income-focused investors seeking stable, passive returns.
Media Contact:
Dwaine Clarke
Founder, American Net Lease
Email: admin@americannetlease.com
Website: https://www.americannetlease.com
"This acquisition checked every box for our client—a strong rental growth, and a booming submarket poised for continued expansion," said Dwaine Clarke, Founder of American Net Lease. "Plant City's growth trajectory, coupled with Church's record-breaking development in 2023 and long-term brand strength, makes this a textbook example of how 1031 buyers can reposition their capital into safer, cash-flowing investments."
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Church's Texas Chicken, with more than 1,500 global locations, has experienced strong performance growth and expansion across key international markets. Plant City itself is undergoing a wave of development, including a proposed 267-unit apartment complex, more than 800 homes under construction, and a city-backed 2040 Master Plan that anticipates the local population exceeding 70,000.
The property is an ideal fit for passive investors seeking recession-resistant, long-term income streams in emerging Florida markets.
About American Net Lease
American Net Lease is a buyer-focused net lease advisory firm helping investors acquire essential retail, medical, and QSR assets across the U.S. The firm offers specialized support for 1031 exchange buyers and income-focused investors seeking stable, passive returns.
Media Contact:
Dwaine Clarke
Founder, American Net Lease
Email: admin@americannetlease.com
Website: https://www.americannetlease.com
Source: American Net Lease
Filed Under: Real Estate
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