Chick-fil-A NNN Ground
New
For Sale
$2,656,000
5901 National Rd E, Richmond, IN 47374
The Richmond property carries a 15-year NNN lease structure.
Property Size4,500 SF
Price / SF$590.22
Days on Market2
Property Features for 5901 National Rd E
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Restaurant
Additional Details
Cap Rate
4.65%
Amenities
New 15-Year NNN Ground Lease |10% Increases Every 5 Years
Corporate Guaranty | Globally Recognized Chicken Restaurant Chain with 3,400+ Locations
3rd Largest Quick-Service Restaurant Chain in the U.S. | $24 Billion in Annual Systemwide Sales
Chick-fil-A Average Unit Sales Exceed $9.1 Million | Annual Base Rent Represents 1.36% of Chainwide Average Unit Sales
New Construction | Significant Tenant Investment to Build Latest Chick-fil-A Prototype Featuring Dual Drive-Thru Lanes
Richmond is the Primary Retail Hub for a Seven-County Regional Trade Area with 210,000+ Residents
Nearest Chick-fil-A is Over 37 Miles Away | Strategic Location & Only Chick-fil-A in Wayne County
Outparcel to High-Performing Lowe's | Strong Regional Draw & Established Retail Traffic
Building Details
Building Size
4,500 SF
Listing Agency:
Marcus & Millichap | San Diego
Listed By:
Phil Sambazis · License #License(s): CA: 01474991
(858) 373-3174
Source:
Marcusmillichap
Added: Oct 24
Last Checked: Oct 24 at 3:04PM
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 Marcus & Millichap | San Diego
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Investment Insights
Based on property information with market context.
Located at 5901 National Rd E in Richmond, Indiana, the property is a Chick-fil-A site subject to a 15-year NNN ground lease.
Key Highlights
- Chick‑fil‑A ground lease
- 15‑year NNN lease term
- 5901 National Rd E, Richmond, Indiana
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
159
Businesses Nearby
160k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Home Improvements & Furnishings 15%
Hotels & Casinos 10%
Shops & Services 8%
Culver's
Dining
33,971 visits/mo
0.1 miles
McDonald's
Dining
27,700 visits/mo
0.1 miles
Lowe's
Home Improvements & Furnishings
24,127 visits/mo
0.2 miles
Cracker Barrel Old Country Store
Dining
22,540 visits/mo
0.2 miles
IHOP
Dining
11,513 visits/mo
0.1 miles
Demographics for 47374, IN
45,304
Population
21,553
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
119.8 sq mi
ZIP Area
378
Density / Sq Mi
$52,566
Median Household Income
$34,168
Median Earnings
$816
Median Rent
$121,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - The Richmond property carries a 15-year NNN lease structure.
Where is this nnn property located?
The property is located at 5901 National Rd E Richmond, IN.
What is the asking price?
The asking price for this property is $2,656,000.
What are key features of this property?
This property features: Chick‑fil‑A ground lease; 15‑year NNN lease term; 5901 National Rd E, Richmond, Indiana
