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Chick-fil-A 2107 S 5th St 5,028 SF Retail Building Chickasha, OK 73018 $5,359,000 ($1,065.83/SF) 4.85% Cap Rate
Investment Highlights
- 15-Year Corporate Absolute Net Lease to Chick-fil-A
- 2023 Construction Featuring Double Drive-Thru Component
- 2.5 Miles from Grady Memorial Hospital (400 Employees) & Chickasha High School (750 Students)
- Unique Fee Simple Chick-fil-A Property Including Improvements - Benefit of Depreciation
- Prominent Retail Location Adjacent to the Intersection of W Grand Ave & US 277 (31,000 Combined ADT) Near Walmart Supercenter, Aldi, Starbucks, & More
- 1 Mile from Massive Chickasha Sports Complex & University of Science & Arts of Oklahoma (900+ Students)
Executive Summary
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
In Association with ParaSell, Inc. | A Licensed Oklahoma Real Estate Broker #183645
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,028 SF
Building Class
B
Year Built
2023
Price
$5,359,000
Price Per SF
$1,065.83
Cap Rate
4.85%
NOI
$259,908
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.82 AC
Parking
77 Spaces (15.31 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | C494-00-001-001-0-000-00 | Improvements Assessment | $0 |
| Land Assessment | $66,797 | Total Assessment | $66,797 |
Property Taxes
Parcel Number
C494-00-001-001-0-000-00
Land Assessment
$66,797
Improvements Assessment
$0
Total Assessment
$66,797
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Chick-fil-A | 2107 S 5th St
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