New Chick-fil-A Net
For Sale
Contact for pricing
1647 MS-1, Greenville, MS 38701
New 4,958 SF Chick-fil-A in Greenville, Mississippi for sale.
Property Size4,958 SF
Price / SF$938.10
Days on Market893
Property Features for 1647 MS-1
General Information
Standard status
Active
Size
4,958 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$232,555
Building Details
Year Built
2023
Tenancy
Single
Listing Agency:
The Lennox/Massell Companies LA
Listed By:
T. Griffin Lennox · License #LA 0995697308
Source:
Crexi
Added: Mar 26, 2024
Changed: Aug 26
Last Checked: Sep 1 at 10:20PM
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
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 38701, MS
21,051
Population
10,640
Households
2
Avg Household Size
41
Median Age
22%
College-Educated
79%
High-School Grad
89.4 sq mi
ZIP Area
235
Density / Sq Mi
$36,998
Median Household Income
$33,976
Median Earnings
$790
Median Rent
$118,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
