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Chick-fil-A 2589 S Muskogee Ave 4,927 SF 4-Star Retail Building Tahlequah, OK 74464 $7,250,000 ($1,471.48/SF) 5% Cap Rate

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INVESTMENT HIGHLIGHTS

Brand New 15-Year Lease | Options To Extend |Scheduled Rental Increases
Retail Corridor | Strong National/Credit Tenant Presence

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Strong Demographics In 5-Mile Trade Area

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple (land & building ownership) in an absolute NNN leased, Chick-fil-A investment property located in Tahlequah, Oklahoma. The tenant, Chick-fil-A, recently signed a brand new 15 year lease with 13 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

4,927 SF

Building Class

LoopNet Rating

4 Star

Year Built

2024

Price

$7,250,000

Price Per SF

$1,471.48

Cap Rate

NOI

$362,496

Tenancy

Single

Building Height

1 Story

Building FAR

0.06

Lot Size

2.05 AC

Opportunity Zone

Yes

Drive Thru

Monument Signage

Accommodation and Food Services
99,999 SF
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Whether greeting at the drive-thru or making a meal inside the restaurant, Chick-fil-A® Team Members strive to serve up memorable experiences for each and every guest. And they hope that dining with them inspires people to spread that sense of warmth to others, too. Eating on the go can be a challenge, but they want to help. From hand-breading the chicken for their classic sandwiches to sourcing fresh produce for their salads and fruit cups, quality food has always been a top priority. They believe in delivering great fast food every day (except Sundays). Their founder, S. Truett Cathy, made the decision to close on Sundays in 1946. He knew what it was like to work seven days a week in restaurants, so he saw the importance of letting his employees set aside one day to rest and worship if they choose. That’s a practice they still uphold today.