5512 7th St Bay City, TX 77414
NNN leased Chick-fil-A in Bay City, Texas.
Type:Retail
Property size:
5,173 SFPrice / SF:
$1,181/SF- Added:
- Oct 12, 2023
- Days on Market:
- 926
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 5512 7th St
General Information
- Standard status
- Active
- Size
- 5,173 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 Oct 12, 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
Drive-Thru Chick-fil-A Investment Property
This property is an absolute NNN leased, drive-thru equipped Chick-fil-fil-A investment property in Bay City, Texas. The tenant, Chick-fil-A, Inc., recently signed a new 15-year lease with thirteen 5-year options to extend. The lease includes 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. The property will be equipped with a “Mobile Thru” lane, for customers who place their order ahead via the Chick-fil-A app. Chick-fil-A is located along 7th St, which has an average of 29,600 vehicles passing by daily. The property is located near a Walmart-anchored center that also features Anytime Fitness, Hibbett Sports, and Sally Beauty Supply. The asset is located within a dense fast-food area, with other tenants including Burger King, Pizza Hut, McDonald’s, Whataburger, and Domino’s. Other nearby national tenants include Dollar General, Tractor Supply Co, Bealls Outlet, H-E-B, O’Reilly Auto Parts, and Dollar Tree. The 5-mile trade area is supported by a population of over 21,600 residents and 6,900 employees. Residents in a 1-mile radius have an average household income of $77,020. The building size is 5,173 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Chick-fil-A
Restaurant
Location Insight
- Map
- Local Demand
- City
- Bay City
- County
- Matagorda
- State
- Texas
- Longitude
- -95.92819
- Latitude
- 28.98919
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FAQs
What type of property is this?
Drive through restaurant - NNN leased Chick-fil-A in Bay City, Texas.
Where is this drive through restaurant located?
The property is located at 5512 7th St Bay City, TX.
What is the asking price?
The asking price for this property is $6,112,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities, providing a management‑free investment.; Brand new 15‑year lease with Chick‑fil‑A, Inc., demonstrating long‑term commitment.; Features 10% rental increases every 5 years, offering steadily growing NOI and inflation hedging.
