Chick-fil-A · Opelousas, LA | InvestmentGrade.com

Chick-fil-A Absolute NNN

1119 E Landry St · Opelousas, LA 70570 · QSR / Restaurant

Asking price

$5,910,210

Cap rate

4.75%

NOI

$280,735

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Lease

Lease typeAbsolute NNN

Term remaining12.4 yrs

Expiration12/2038

Rent bumps10% Bumps Every 5 Years

OptionsThirteen (13) Additional (5-Year) Options to Renew

Ground leaseNo

Credit profileCorporate Guarantee

TenancySingle

Planning a 1031 Exchange

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Property

Building SF4,997

Price / SF$1,183

Year built2023

Lot size1.88 ac

TypeQSR/Fast Food

Days on market132

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

15 Year Absolute NNN Lease – Stable Cash Flow Asset – Zero Landlord Responsibilities – Thirteen (5-Year) Options to Renew
10% Rent Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
Corporately Guaranteed Lease by Chick-fil-A, Inc. – a Best in Class Tenant with Over $18.8 Billion in Annual Revenue and 3,000+ Locations in 48 States – Chick-fil-A is the Industry Leader in Average Unit Volume with Over $8.7 Million in Sales Per Location in Their Freestanding Stores, Representing More Than Twice As Much within Their Category as 2^nd Place Panera Bread
New Construction, Pride of Ownership Asset Featuring Chick-fil-A’s Latest Prototype Design – a Modern and Aesthetically Pleasing Property
Intrinsic Value Asset – Large Format Restaurant at 4,997 Square Feet Situated on a Massive 1.88-Acre Parcel
Features a Double-Thru Bay with a 34 Car Stack, 76 Parking Spaces & 116 Total Seats – Providing Chick-fil-A with the Ability to Handle Extremely High Restaurant Volume
High Traffic Location with Excellent Interstate Visibility – Over 24,000 Vehicles Per Day on E. Landry St (US-190) with an Additional 64,504 Vehicles Per Day on Interstate-49
Strong Demographics – More Than 28,000 Residents with an Average Household Income Exceeding $62,000 within a 5-Mile Radius of the Property
Over 1.32 Million Square Feet of Industrial & Office Space and 1.02 Million Square Feet of Restaurant & Retail within a 5-Mile Radius of the Property, Resulting in a High Daytime Population of More Than 1,100 Businesses & 10,500 Employees
Located in the Strongest Retail Corridor in Opelousas – Surrounded by Many National Retailers Including Lowes, RaceTrac, Walmart, McDonald’s, CVS Pharmacy, Wendy’s & Many Others
Strategically Positioned Across from a Lowe’s Home Improvement Store That Has Seen More Than 511,000 Visits During the Last Calendar Year
Approximately 1.1 Miles from the 197 Bed Opelousas General Health System Hospital – Main Campus with Over $627 Million in Total Patient Revenue in 2022 and a Staff of More Than 1,100 Healthcare Professionals, Making it the City’s 2^nd Largest Employer

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Asking-market observation aggregated from public listing sources, last observed Sep 4, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.