Listed by Northmarq Capital, LLC, Northmarq - Tulsa
$5,500,000
Chick-fil-A
Details
APN 18452
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 4,990
Net Rentable (SqFt) 4,990
Cap Rate 4.65%
NOI $255,731
Tenancy Single
Brand/Tenant Chick-fil-A
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 02/29/2036
Remaining Term 9.7
Rent Bumps Yes
Lease Options 13, 5-Year Options
Year Built 2021
Stories 1
Acreage 2.200
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 02/04/2021
Ground Lease No
Rare, Fee Simple Chick-Fil-A Corporate Lease
Marketing description
Chick-fil-A at 3420 Lamar Avenue, Paris, Texas presents a rare opportunity to acquire a fee simple, corporate-leased net-leased asset in a proven retail corridor. This high-performing location benefits from strong consumer traffic and is recognized as the 2nd most-visited quick service restaurant in Paris, underscoring the strength of both the brand and the site.
Situated on a large 2.20-acre parcel, the property is designed for efficiency and convenience with a double drive-thru configuration that supports heavy customer volume and enhances operational flow. The site’s prominent presence, established branding, and highly functional layout make it a compelling investment backed by one of the most recognized quick service operators in the country.
This offering combines the security of a corporate lease with the long-term appeal of fee simple ownership, creating an exceptional opportunity for investors seeking a trophy single-tenant asset with strong market positioning and enduring tenant demand.
Investment highlights
- Rare, Fee Simple Chick-Fil-A Corporate Lease
- Large 2.20-Acre Parcel
- 10% Rent Increases Every 5 Years
- Nation's Strongest Private QSR
- 2nd Most-Visited QSR in Paris, TX
- Adjacent to Paris Towne Center - 2.4M Annual Visits
- Income Tax-Free State
Listing Contacts
Listed by Northmarq Capital, LLC, Northmarq - Tulsa
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$255,731.00
$21,310.92/mo
Valuation Metrics
0
DSCR
4.65%
Cap Rate
4.65%
ROI
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