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Chick-fil-A | Lafayette, IN 50 N Creasy Ln 5,250 SF Retail Building Lafayette, IN 47905 $4,000,000 ($761.90/SF) 4.19% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporate NNN Ground Lease - 14.1 Years Remaining
  • Relocation Store - Proven Operational History
  • 4 Miles from Purdue University - 128K Residents (5-Miles)
  • Placer.ai Ranks Foot Traffic in Top 7% of U.S. Locations
  • Outparcel to Lowe's - Dense Retail Corridor
  • Hard Signalized Corner - 55K Cars Per Day

EXECUTIVE SUMMARY

Chick-fil-A is the third largest quick-service restaurant in the United States, with more than 3,160 restaurants across the United States, Canada, and Puerto Rico. Chick-fil-A reports average unit sales volumes of $9.4 million.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,250 SF
Building Class
C
Year Built
2020
Price
$4,000,000
Price Per SF
$761.90
Cap Rate
4.19%
NOI
$167,475
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.23 AC
Parking
73 Spaces (13.9 Spaces per 1,000 SF Leased)
Frontage
256’ on N creasy ln

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • -

Chick-fil-A is a privately held quick-service restaurant chain best known for its chicken sandwiches and customer service. Founded in 1946 by S. Truett Cathy in Hapeville, Georgia, the company has grown into one of the largest fast-food brands in the United States, with thousands of locations nationwide. Headquartered in College Park, Georgia, Chick-fil-A operates under a unique corporate culture that emphasizes hospitality and community engagement. The company is notable for its policy of closing all locations on Sundays, a practice rooted in its founder’s principles. Chick-fil-A’s menu centers on chicken-based offerings, including sandwiches, nuggets, and salads, complemented by signature waffle fries and beverages. In addition to its domestic presence, the brand has expanded internationally with select locations in Canada and the United Kingdom. The company remains family-owned and privately held.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Accommodation and Food Services - - -

NEARBY MAJOR RETAILERS

VASA Fitness
Snap Fitness 24/7
Starbucks
7 Brew
Old National Bank
Regions Bank
Red Lobster
Chuy's Mexican Restaurant
Outback Steakhouse
Chili's Grill & Bar

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
79-07-23-376-024.000-004
Land Assessment
$0
Improvements Assessment
$2,359,200
Total Assessment
$2,359,200
  • Listing ID: 35042736

  • Date on Market: 3/6/2025

  • Last Updated:

  • Address: 50 N Creasy Ln, Lafayette, IN 47905

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