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29228800
29228801

2107 S 5th Street, Chickasha, OK 73018

PD
CA 01750064
Fisher James Capital
VN
CA CA 01963342
Fisher James Capital
LS
CA CA 01443387
Fisher James Capital
SR
OK 183645, CA 02101543 (+42)
ParaSell Inc
Listed by Fisher James Capital, ParaSell Inc
$5,359,000
145 days on market
Updated 6 days ago

Chick-fil-A

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 5,028
Cap Rate 4.85%
NOI $259,908
Occupancy 100%
Tenancy Single
Brand/Tenant Chick-fil-A
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 11/29/2038
Remaining Term 12.5
Rent Bumps Yes
Lease Options thirteen (13) five-year options
Price per SqFt $1,066
Broker Co-Op Yes
Year Built 2023
Buildings 1
Stories 1
Acreage 1.816
Investment Type Net Lease
Lease Commencement 11/29/2023

15-Year Corporate Absolute Net Lease Chick-fil-A in Oklahoma City MSA | Fee Simple

Marketing description

Newly constructed (2023) fee-simple Chick-fil-A featuring a double drive-thru and secured by a 15-year corporate absolute net lease with 10% rent escalations throughout the primary term and options. Strategically located along W Grand Avenue and US-277 with approximately 31,000 combined ADT and less than half a mile from I-44 providing direct access to the Oklahoma City MSA (population over 1.4 million), the site benefits from strong regional connectivity and retail synergy. The property is surrounded by a dense concentration of national retailers, major civic and educational anchors, and the Chickasha Sports Complex, with continued population growth and development supporting long-term demand.

In Association with ParaSell, Inc. | A Licensed Oklahoma Real Estate Broker #183645

Investment highlights

  • 15-Year Corporate Absolute Net Lease to Chick=fil-A with No Landlord Maintenance Responsibilities

  • Scheduled 10% Rental Escalations Throughout primary Term & Options

  • Unique Fee Simple Chick-fil-A Property Including Improvements - Benefit of Depreciation

  • 2023 Construction featuring Double Drive-Thru Component

  • Prominent Retail Location Adjacent to the Intersection of W Grand Ave & US-277 (31,000 Combined ADT)

  • Half a Mile from I-44, which Leads to Downtown Oklahoma City (43 Miles)

  • Surrounded by National Tenants Walmart Supercenter, ALDI, Walgreens, Bealls, Tractor Supply, McDonald's, Starbucks, Arby's, Taco Bell, Burger King, Dollar General, AutoZone, & More

  • 2.5 Miles from Grady Memorial Hospital (400 Employees) & Chickasha High School (750 Students)

  • 1 Mile from University of Science & Arts of Oklahoma (900+ Students)

  • Less than 2 Miles from Downtown Chickasha & Grady County Fairgrounds

  • High Population Growth Area with Significant Commercial & Residential Development Activity

  • Oklahoma City MSA Population of Over 1.4 Million

Listing Contacts

PD
CA 01750064
Fisher James Capital
VN
CA CA 01963342
Fisher James Capital
LS
CA CA 01443387
Fisher James Capital
SR
OK 183645, CA 02101543 (+42)
ParaSell Inc
Listed by Fisher James Capital, ParaSell Inc

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$259,908.00
$21,659.00/mo

Valuation Metrics

0
DSCR
4.85%
Cap Rate
4.85%
ROI

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Additional Information

Name
Scott Reid
License
183645
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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