502 S Jackson St, Jacksonville, TX 75766 For Sale

RARE, FEE SIMPLE CHICK-FIL-A CORPORATE LEASE
Chick-fil-A is under a fee simple 15-year absolute NNN lease with 10+ years remaining. The Lease offers investors long-term, passive cash flow with zero landlord responsibilities. Cost segregation available for enhanced depreciation. Consult your tax advisor.

LARGE 1.43-ACRE PARCEL |10% RENT INCREASES
The Property sits on a large square parcel of nearly 1.5 acres. More than 10 years remain in the primary term, and the 13, five-year options extend into 2101. The lease provides the Landlord 10% rent increases every 5 years, creating passive income with a built-in hedge against inflation.

NATION’S STRONGEST PRIVATE QSR | +$22B REVENUE
Chick-fil-A, Inc. is by far the strongest unit-level QSR operator in the U.S., with total sales exceeding $22.7 billion across over 3,300 locations. The company generates more revenue per restaurant (average annual sales volume of $9.3 million) than any other fast-food chain in the U.S.

2ND MOST-VISITED RESTAURANT IN JACKSONVILLE
The Property experienced nearly 643,000 visits in the last 12 months, making it the 2nd most-visited restaurant in Jacksonville, TX. These statistics are even more impressive considering Chick-fil-A is only open six days a week. (Source: Placer.ai)

ACROSS FROM LARGEST HOSPITAL IN JACKSONVILLE
Chick-fil-A benefits from frontage along S Jackson St (23,800+ VPD), and is positioned directly across from UT Health Jacksonville, the city's largest hospital with 78 beds and a 24-hour emergency room. Additionally, Jackson St is the city's main thoroughfare, and the Property is located just south of the city center.

INCOME TAX-FREE STATE
Texas has no income tax at the state level, including no taxes on social security income, retirement benefits, pension income, and retirement account income. This makes Texas a desirable state for the relocation of both individuals and businesses and is helping drive its overall growth trajectory.