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1243 Main St
Chipley, FL 32428
Retail Property For Sale
Investment Highlights
- New 20-Year Absolute NNN Lease with Scheduled Rental Increases
- Strong Operator and Guarantor - 124 Units and Growing
- Easily Accessible and High-Traffic Location in Populous Florida Submarket
- No Landlord Management
- Popeyes U.S. Same-Store Sales Climbed 29.2% During the First Three Months of 2020, Outpacing All Competitors
- Located Near the Signalized Four-Way Intersection of State Route 77/Main Street and Brickyard Road (19,200 AADT)
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,145 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.09 AC
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
200’ on Main St
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 00000000-00-2189-0001 | Improvements Assessment | $207,298 |
| Land Assessment | $60,000 | Total Assessment | $267,298 |
Property Taxes
Parcel Number
00000000-00-2189-0001
Land Assessment
$60,000
Improvements Assessment
$207,298
Total Assessment
$267,298
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