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1102 E Admiral Doyle Dr
New Iberia, LA 70560
Chick-fil-A NNN Ground Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • The NNN ground lease features a primary term of twenty (20) years, with 10% rent increases every five years, as well as in each of the four options
  • The Property is located across the street from a top performing Walmart Supercenter, with estimated sales exceeding $50M
  • Chick-fil-A reported revenue exceeding $3.8 billion in 2019, a 26.7% year-over-year increase
  • The lease is corporately guaranteed by Chick-Fil-A, Inc., considered to be the benchmark tenant within the QSR space
  • Founded in 1946, Chick-fil-A is the leading quick-service chicken restaurant in the country with more than 2,400 locations
  • Only Chick-fil-A within a 12-mile radius, serving nearly 97,000 people in the area

PROPERTY FACTS

Property Type
Retail
Building Size
170,767 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
2.76
Lot Size
1.42 AC
Zoning
n/a
Parking
25 Spaces (5.01 Spaces per 1,000 SF Leased)
Frontage
802’ on East Admiral Doyle Drive

AMENITIES

  • Signage
  • Drive Thru
  • Air Conditioning

ABOUT 1102 E ADMIRAL DOYLE DR , NEW IBERIA, LA 70560

New 20-Year Absolute NNN Ground Lease

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0501934608
Land Assessment
$295,119
Improvements Assessment
$1,252,821
Total Assessment
$1,547,940
  • Listing ID: 17871462

  • Date on Market: 12/4/2019

  • Last Updated:

  • Address: 1102 E Admiral Doyle Dr, New Iberia, LA 70560

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