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    1119 E Landry St Opelousas, LA 70570

    For Sale
    $5,910,210

    New 15-year NNN lease with rent increases and options.

    Property size:
    4,997 SF
    Lot size:
    1.88 Acres

    Property Features for 1119 E Landry St

    General Information

    Size
    4,997 SF
    Lot size
    1.88 Acres

    Source: Real Capital Investments Agent Randy Bell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Opelousas Chick-fil-A NNN Lease

    This property features a brand-new 15-year absolute NNN lease, offering stable cash flow with zero landlord responsibilities. The lease includes thirteen (5-year) options to renew. Rent increases of 10% are scheduled every 5 years throughout the initial term and option periods, providing a hedge against inflation. The lease is corporately guaranteed by Chick-fil-A, Inc., a tenant with over $18.8 billion in annual revenue and more than 3,000 locations across 48 states. Chick-fil-A is an industry leader in average unit volume, with over $8.7 million in sales per location in their freestanding stores, representing more than twice as much within their category as 2nd place Panera Bread. The property is a drive-through restaurant, restaurant, retail property, NNN property, and specialty property. The property size is 4,997 square feet and is located in Opelousas, LA.
    Location Intelligence

    Current Use by Public Records

    Chick-fil-A Fast Food Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Opelousas
    County
    St. Landry
    State
    Louisiana
    Longitude
    -92.095406
    Latitude
    30.534547

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    FAQs

    What type of property is this?
    Drive through restaurant - New 15-year NNN lease with rent increases and options.
    Where is this drive through restaurant located?
    The property is located at 1119 E Landry St Opelousas, LA.
    What is the asking price?
    The asking price for this property is $5,910,210.
    What are key features of this property?
    This property features: - Corporately guaranteed absolute NNN lease by Chick-fil-A, Inc.; - Brand-new 15-year lease with zero landlord responsibilities.; - 10% rent increases every 5 years throughout the initial term and option periods.
    (214) 380-3675
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    1119 E Landry St Opelousas, LA 70570
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1119 E Landry St Opelousas, LA 70570
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