5701 S Olive St Pine Bluff, AR 71603
Drive-thru Chick-fil-A with long-term lease and rental increases.
Type:Retail
Property size:
4,947 SF- Added:
- Nov 7, 2023
- Days on Market:
- 894
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 5701 S Olive St
General Information
- Standard status
- Active
- Size
- 4,947 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing agent Matthew Mousavi License #CA 01732226
Listing office SRS Real Estate Partners Newport Beach
Listing date Nov 7, 2023
Source Crexi
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 SRS Real Estate Partners Newport Beach
Overview
Freestanding Chick-fil-A Investment Property
This freestanding, drive-thru equipped Chick-fil-A investment property is located in Pine Bluff, Arkansas. The tenant, Chick-fil-A, Inc., has 13 years of lease term remaining with 13 (5-year) options to extend. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is absolute NNN with zero landlord responsibilities. Founded in 1967, Chick-fil-A serves freshly prepared food in more than 2,700 restaurants in 47 states, Washington, D.C., and Canada. The site features a modern design and first-class amenities. Chick-fil-A is strategically located at the signalized, hard corner intersection of South Olive Street and Interstate 530 which serves over 43,000 vehicles per day. The site also benefits from nearby access to State Highway 530 (5,300 VPD). Located in a dense retail corridor, the subject is within close proximity of multiple national/credit tenants including Walmart Supercenter, Hibbett Sports, Dollar General, Dollar Tree, and more. The site is situated less than 2 miles south of Jefferson Regional Hospital (290 beds). The site will feature brand-new construction and be equipped with a drive-thru. The 5-mile subject trade area is supported by more than 33,000 residents and 22,000 daytime employees. Residents within a 1-mile radius earn an average household income of more than $70,000. The property size is 4947 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Chick Fil a
Restaurant
Location Insight
- Map
- Local Demand
- City
- Pine Bluff
- County
- Jefferson
- State
- Arkansas
- Longitude
- -92.006179
- Latitude
- 34.168829
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Drive-thru Chick-fil-A with long-term lease and rental increases.
Where is this drive through restaurant located?
The property is located at 5701 S Olive St Pine Bluff, AR.
What is the asking price?
The asking price for this property is $6,532,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities, providing a management‑free investment.; Freestanding Chick‑fil‑A with a drive‑thru, a proven model for higher sales.; **13 years of remaining lease term** with 13 (5‑year) options to extend, demonstrating long‑term commitment.
