Chick-fil-A | New 15yr Abs NNN | Drive-Thru 4930 Oakdale Blvd

Investment Highlights

Brand New 15-Year Lease | Scheduled Rental Increases |Corporate Signed | New Construction Fast Food Corridor | Interstate 10 (23,500 VPD) |Drive-Thru Equipped | Primary Retail Corridor Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | Rare Depreciable Asset Strong Demographics in 5-Mile Trade Area

Executive Summary

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, corporate signed, Chick-fil-A investment property located in Marianna, FL. The tenant, Chick-fil-A, Inc., recently signed a brand new 15-year lease term with 13 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years during the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with no landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. Chick-fil-A serves freshly prepared food in more than 2,700 restaurants in 47 states, Washington, D.C., and Canada. Additionally, this property features state-of-the-art, brand new construction with modern design.

• Sale Type    Investment NNN
• Property Type    Retail Retail General Retail Freestanding General Retail Restaurant Retail
• Building Size    4,987
• Year Built    2023
• Price    6,112,000
• Price Per SF    1,226
• Cap Rate    4.40
• NOI    268,960
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.05
• Land Acres    2.36 AC

• Freeway Visibility
• Restaurant
• Signage
• Drive Thru