4930 Oakdale BlvdMarianna, FL 32448

Property Details for 4930 Oakdale Blvd

Year built

2023

Lot size

2.16 AC

Property size (Sq ft)

4,987 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Marianna

County

Jackson

State

Florida

Latitude

30.6707

Longitude

-85.2308

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