4930 Oakdale Blvd, Marianna, FL 32448

Property Details for 4930 Oakdale Blvd

Year built

2023

Lot size

2.16 lot acres

Property type

Retail properties & Spaces

Property subtype

Restaurants

Description

This exceptional investment opportunity presents a fee simple interest (land and building) in a brand-new, 4,987 square foot Chick-fil-A restaurant located at 4930 Oakdale Boulevard, Marianna, FL 32448. Built in 2023, this property boasts a 100% occupancy rate with a 15-year absolute NNN lease, backed by a corporate guarantee. The lease includes thirteen 5-year renewal options, each with a 10% rent increase, ensuring consistent income growth and inflation protection. The property features 96 parking spaces and is situated on a 2.16-acre lot zoned C-Commercial. This prime location along State Highway 71 (19,000 VPD) and with direct access to Interstate 10 (23,500 VPD) benefits from high traffic volume and strong tenant synergy within a fast-food corridor including McDonald's, Wendy's, and other national brands. The property's proximity to a Walmart Supercenter, Lowe's, and Dollar Tree further enhances its appeal. The 5-mile trade area boasts a population exceeding 7,000 with an average household income of $61,188. The property's Net Operating Income (NOI) is $268,941, resulting in a 4.40% cap rate, and the asking price is $6,112,000 ($1,225.59/sq ft). This is a rare opportunity to acquire a depreciable asset with minimal landlord responsibilities, offering a compelling investment prospect for passive investors seeking strong returns and long-term stability. The APN is 25-4N-10-0000-0130-0010 (currently undergoing reparcelization). The drive-thru equipped restaurant offers modern design and state-of-the-art construction.

Location Insight

City

Marianna

County

Jackson

State

Florida

Longitude

-85.2308

Latitude

30.6707