1119 E Landry StOpelousas, LA 70570
Chick-fil-A | Opelousas, LA
Asset ClassRetail
15 Year Chick-fil-A in Opelousas, LA
Overview
- 15 Year Absolute NNN Lease with 13.5+ Years Remaining – 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 $22.7 Billion in Annual Revenue and 3,370+ Locations in 50 States – Chick-fil-A is the Industry Leader in Average Unit Volume with Over $9.37 Million in Sales Per Location for Their Freestanding Stores
- New Construction, Pride of Ownership Asset Featuring Chick-fil-A’s Latest Prototype Design – a Modern and Aesthetically Pleasing Property
- Large Format Restaurant at 4,997 Square Feet Situated on a Massive 1.88-Acre Parcel, Featuring a Double-Thru Bay with a 34 Car Stack, 76 Parking Spaces & 116 Total Seats
- High Traffic Location with Excellent Interstate Visibility – Over 24,000 Vehicles Per Day on E. Landry St (US-190) with an Additional 64,504 Vehicles Per Day on Interstate-49
- Strong Demographics – More Than 28,000 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
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1119 E Landry StOpelousas, LA 70570
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