Brand-New 15 Year Absolute NNN Lease – Stable Cash Flow Asset – Zero Landlord Responsibilities – Thirteen (5-Year) Options to Renew
10% Rent Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
Corporately Guaranteed Lease by Chick-fil-A, Inc. – a Best in Class Tenant with Over $18.8 Billion in Annual Revenue and 3,000+ Locations in 48 States – Chick-fil-A is the Industry Leader in Average Unit Volume with Over $8.7 Million in Sales Per Location in Their Freestanding Stores, Representing More Than Twice As Much within Their Category as 2nd Place Panera Bread
New Construction, Pride of Ownership Asset Featuring Chick-fil-A’s Latest Prototype Design – a Modern and Aesthetically Pleasing Property
Intrinsic Value Asset – Large Format Restaurant at 4,997 Square Feet Situated on a Massive 1.88-Acre Parcel
Features a Double-Thru Bay with a 34 Car Stack, 76 Parking Spaces & 116 Total Seats – Providing Chick-fil-A with the Ability to Handle Extremely High Restaurant Volume
High Traffic Location with Excellent Interstate Visibility – Over 22,000 Vehicles Per Day on E. Landry St (US-190) with an Additional 50,315 Vehicles Per Day on Interstate-49
Strong Demographics – More Than 29,000 Residents with an Average Household Income Exceeding $62,000 within a 5-Mile Radius of the Property
Over 1.32 Million Square Feet of Industrial & Office Space and 1.02 Million Square Feet of Restaurant & Retail within a 5-Mile Radius of the Property, Resulting in a High Daytime Population of More Than 1,100 Businesses & 10,500 Employees
Located in the Strongest Retail Corridor in Opelousas – Surrounded by Many National Retailers Including Lowes, RaceTrac, Walmart, McDonald’s, CVS Pharmacy, Wendy’s & Many Others
Strategically Positioned Across from a Lowe’s Home Improvement Store That Has Seen More Than 511,000 Visits During the Last Calendar Year
Approximately 1.1 Miles from the 197 Bed Opelousas General Health System Hospital – Main Campus with Over $627 Million in Total Patient Revenue in 2022 and a Staff of More Than 1,100 Healthcare Professionals, Making it the City’s 2nd Largest Employer