For Sale
$6,112,000

4930 Oakdale BlvdMarianna, FL 32448

High-return Chick-fil-A NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fee simple interest (land and building) in a brand-new, 4,987 square foot Chick-fil-A restaurant located at 4930 Oakdale Boulevard, Marianna, FL 32448. Built in 2023, this property boasts a 100% occupancy rate with a 15-year absolute NNN lease, backed by a corporate guarantee. The lease includes thirteen 5-year renewal options, each with a 10% rent increase, ensuring consistent income growth and inflation protection. The property features 96 parking spaces and is situated on a 2.16-acre lot zoned C-Commercial. This prime location along State Highway 71 (19,000 VPD) and with direct access to Interstate 10 (23,500 VPD) benefits from high traffic volume and strong tenant synergy within a fast-food corridor including McDonald's, Wendy's, and other national brands. The property's proximity to a Walmart Supercenter, Lowe's, and Dollar Tree further enhances its appeal. The 5-mile trade area boasts a population exceeding 7,000 with an average household income of $61,188. The property's Net Operating Income (NOI) is $268,941, resulting in a 4.40% cap rate, and the asking price is $6,112,000 ($1,225.59/sq ft). This is a rare opportunity to acquire a depreciable asset with minimal landlord responsibilities, offering a compelling investment prospect for passive investors seeking strong returns and long-term stability. The APN is 25-4N-10-0000-0130-0010 (currently undergoing reparcelization). The drive-thru equipped restaurant offers modern design and state-of-the-art construction.

Highlights

  • Brand new, 4,987 SF Chick-fil-A with a 15-year absolute NNN lease, including 13 five-year renewal options with 10% rent increases each.
  • Fee simple ownership with zero landlord responsibilities; rare depreciable asset.
  • Located in a fast-food corridor with high traffic counts (I-10: 23,500 VPD, Hwy 71: 19,000 VPD), featuring a drive-thru.
  • Strong demographics: 7,000+ population within a 5-mile radius, $61,188 average household income.

Property Details for 4930 Oakdale Blvd

Property type
Retail properties, Restaurants
Square Feet
4,987 SF
Year Built
2023
Lot Size (sq. ft)
94,090 SF

Location Insight

City
Marianna
County
Jackson
State
Florida
Latitude
30.670725
Longitude
-85.2308414
4930 Oakdale Blvd, Marianna, Florida

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4930 Oakdale Blvd
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