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New Chick-fil-A Net Lease

1647 MS-1 Greenville, MS 38701

1647 MS-1, Greenville, MS, 38701
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For Sale
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New 4,958 SF Chick-fil-A in Greenville, Mississippi for sale.

Property Size4,958 SF
Price / SF$938.10
Days on Market848

Property Features for 1647 MS-1

General Information

Standard status
Active
Size
4,958 SF
Property subtype
Retail

Building Details

Year Built
2023
Listing agency The Lennox/Massell Companies LA
Listed by T. Griffin Lennox · License #LA 0995697308
Source Crexi
Added: Mar 26, 2024 Updated: Jul 6 at 8:17AM Checked: Jul 19 at 7:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Lennox/Massell Companies LA


Investment Insights

Based on property information with market context.

This is an opportunity to purchase the fee simple interest in a Chick-fil-A property located in Greenville, Mississippi. The property features an absolute net lease structure, offering a passive investment with no landlord responsibilities. The primary lease term is 15 years, with renewal options and rent increases. The 4,958 square foot building was completed in 2023, with rent commencing in August 2024. The building represents Chick-fil-A’s latest prototype, including multiple drive-thru lanes. The property is strategically situated as an outparcel to the Greenville Mall, which includes Five Below, TJ Maxx Shoe Department, and Belk. Other nearby retailers include Lowe’s, Walmart, Kroger, Harbor Freight, Petsense by Tractor Supply, Taco Bell, McDonald’s, and Sherwin Williams. The property fronts Highway 1, with traffic counts exceeding 22,000 vehicles per day. It is located in a dense area of single-family and multi-family housing, near Akin Elementary, Washington School, and Greenville High School, which have a combined enrollment of over 2,000 students. The Elwyn Watts Recreation Center and the Hodding Carter Memorial YMCA are located directly across the street.

Key Highlights

  • Absolute Net Lease: Enjoy a completely passive investment with zero landlord responsibilities.
  • Long‑Term Lease: Benefit from a 15‑year primary term lease with multiple renewal options and rent increases.
  • New Construction: Completed in 2023, rent commencing August 2024, featuring Chick‑fil‑A’s latest prototype with multiple drive‑thru lanes.

Property Analytics

Location Intelligence

Current Use by Public Records

Drive through restaurants

FAQs

What type of property is this?
Drive through restaurant - New 4,958 SF Chick-fil-A in Greenville, Mississippi for sale.
Where is this drive through restaurant located?
The property is located at 1647 MS-1 Greenville, MS.
What is the asking price?
The asking price for this property is $4,651,100.
What are key features of this property?
This property features: Absolute Net Lease: Enjoy a completely passive investment with zero landlord responsibilities.; Long‑Term Lease: Benefit from a 15‑year primary term lease with multiple renewal options and rent increases.; **New Construction:** Completed in 2023, rent commencing August 2024, featuring Chick‑fil‑A’s latest prototype with multiple drive‑thru lanes.
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