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201 E Tamarack RdAltus, OK 73521
Chick-fil-A (Altus, OK)
Asset ClassRetail
New 15-Year Chick-fil-A Absolute Net Lease Opportunity in Oklahoma
overview of deal

Overview

Brand new 15-year absolute net lease to Chick-fil-A, featuring 10% rental increases every 5 years and no landlord responsibilities. The property includes high-quality 2023 construction with a double drive-thru component and benefits from limited competition as the only Chick-fil-A within a 50+ mile radius. Strategically located along Altus’s primary retail corridor near Walmart and Starbucks, just 3.5 miles from Altus Air Force Base with over 4,800 personnel. Strong long-term income growth in a prime high-traffic location.

 

This property is listed in conjunction with Oklahoma-licensed real estate broker Old Capital Group.

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Investment Highlights

Cap Rate
4.85%
Deal Size
$5.62 M
  • New 15-Year Corporate Absolute Net Lease to Chick-fil-A
  • Unique Fee Simple Chick-fil-A Property Including Improvements
  • High Quality 2023 Construction Featuring Double Drive-Thru Component
  • Chick-fil-A Generated 2024 Sales of $22.75 Billion (5.4% YoY Increase)
  • Chick-fil-A has Highest Average Unit Volume Among QSR Users
  • Limited Competition - Only Chick-fil-A in 50+ Mile Radius
201 E Tamarack RdAltus, OK 73521
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Listing provided by Revere CRE