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1119 Landry St Opelousas, LA 70570

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For Sale
Contact for pricing

15-Year NNN Lease, Strong ROI

Property size:
4,997 SF

Property Features for 1119 Landry St

General Information

Property type
Restaurants
Square Feet
4,997 SF
Class
A
Lot Size
81,893 SF

Building Details

Year Built
2023
Buildings
1
Stories
1
Units
1

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Listing Contact
Randy Bell
Randy Bell

Listing Agency: Real Capital Investments Listing Agent: Randy Bell

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a brand-new, 4,997 square foot Chick-fil-A restaurant in Opelousas, Louisiana. Built in 2023, this Class A property sits on a substantial 1.88-acre lot and boasts a 15.1-year absolute NNN lease with thirteen 5-year renewal options. The lease features 10% rent bumps every five years, providing a strong hedge against inflation. The corporate guarantee from Chick-fil-A, Inc. ensures financial stability. This single-tenant property enjoys 100% occupancy and generates a substantial NOI of $280,735, representing a 4.50% cap rate. The property includes 76 parking spaces and is strategically located on E. Landry St (US-190), a high-traffic area with over 22,000 vehicles per day, and near Interstate-49 (50,315 vehicles per day). Its prime location is further enhanced by its proximity to major retailers like Lowe's, Walmart, and other national brands. The strong demographics within a 5-mile radius, including over 29,000 residents with an average household income exceeding $62,000, contribute to the property's exceptional value. The location's proximity to a major hospital and significant commercial development further solidifies its long-term potential. This is a rare opportunity to acquire a fee-simple ownership of a high-performing Chick-fil-A in a thriving retail corridor. The asking price is $6,238,556, with a price per square foot of $1,248.46. The property's address is 1119 E Landry St, Opelousas, LA 70570. APN: 0103786000A.
Property Profile Location Intelligence

Current Use by Public Records

Chick-fil-A Restaurant

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Opelousas
County
St. Landry Parish
State
Louisiana
Longitude
-92.070802119709
Latitude
30.531536761309

FAQs

What type of property is this?
Restaurant - 15-Year NNN Lease, Strong ROI
Where is this restaurant located?
The property is located at 1119 Landry St Opelousas, LA.
What is the asking price?
The asking price for this property is $6,238,556.
What are key features of this property?
This property features: $6,238,556 asking price for this Class A, 4,997 SF Chick-fil-A.; Absolute NNN lease with corporate guarantee.; 14.1 years remaining on a 15.1-year lease, commencing December 1, 2023, with thirteen 5-year renewal options.
(469) 718-9188 Call to check price and availability
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