Chick-fil-A
Plainview
,
TX
Texas
Call for Details
$
5,995,000
.svg)
Call for Details
4.75
%
CAP Rate
New 2025 Construction
with Double Drive-Thru Component
Limited Competition
Only Chick-fil-A in a 45+ Mile Radius
2 Miles from Wayland Baptist University
1,500 Students + Staff
Property details
- New 15-Year Corporate Absolute Net Lease to Chick-fil-A
- No Landlord Maintenance Responsibilities
- Scheduled 10% Rental Escalations Throughout Primary Term & Options
- Unique Fee Simple Chick-fil-A Property Including Improvements - Benefit of Depreciation
- New 2025 Construction with Double Drive-Thru Component
- Chick-fil-A Generated 2024 Sales of $22.75 Billion (5.4 YoY Increase)
- Chick-fil-A has Highest Average Unit Volume Among QSR Users
- Freestanding Locations Boast an Average Unit Volume (AUV) of $9.32 Million
- Limited Competition - Only Chick-fil-A in a 45+ Mile Radius
- Strategic Location with Excellent Visibility & Access at the Junction of Interstate 27 & U.S. Highway 70/Olton Road (24,874 Combined ADT)
- 2 Miles from Walmart Distribution and Fulfillment Center with 1,500 Employees
- Located within Plainview's Primary Retail Corridor which Includes Walmart Supercenter, United Supermarkets, Tractor Supply, Planet Fitness, Whataburger, Starbucks, Taco Bell, and More
- Multiple Top-Performers within their National Chain Rank including McDonald's (Top 1%), Sonic (Top 4%), and Burger King (Top 4%), per Placer.ai
- 2 Miles from Regional Healthcare Provider, Covenant Hospital Plainview (Providence Health)
- 100-Bed Hospital Serving the Broader Plainview Community
- ±5,000 Students within 3 Miles - Wayland Baptist University, Plainview High School, and Plainview Junior High School
- 2025 Tax Act - First Year Depreciation Advantage
- 100% Bonus Depreciation in Year 1 via Cost Segregation
- Maximizing Upfront Tax Shelter and Boosting After-Tax Yields
- No State Income Tax in Texas
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Vahe Nokhoudian
Partner
CA RE Lic #01963342