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Chick-fil-A - Live Oak FL 1955 Ohio Ave N 5,000 SF Retail Building Live Oak, FL 32064 $8,956,213 CAD ($1,791.24 CAD/SF) 4.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime location along Ohio Avenue N, the main retail corridor with 14,400 VPD and direct access to U.S. Highway 129.
- Surrounded by strong national retailers including Walmart Supercenter, Publix, Tractor Supply, and Popeyes, ensuring robust co-tenancy.
- Located in a dynamic retail strip benefiting from new development and state-backed infrastructure investments, driving sustained growth.
- Newly constructed building featuring modern design and double drive-thru capability for high-volume operations.
- Positioned in a growing trade area supported by over 13,000 residents and 7,000 employees within five miles.
EXECUTIVE SUMMARY
This newly constructed retail property is strategically positioned along Ohio Avenue North, the primary retail and commuter corridor in Live Oak. Designed with modern architecture and functionality in mind, the building features a freestanding layout with a double drive-thru, ideal for high-volume quick-service operations. The site spans 1.52 acres and offers excellent visibility and access from U.S. Highway 129, benefiting from traffic counts of 14,400 vehicles per day on Ohio Avenue and 30,100 vehicles per day on nearby Interstate 10.
The property is part of a vibrant retail strip anchored by national brands such as Walmart Supercenter, Publix, and Tractor Supply, creating strong co-tenancy and consistent customer traffic. Ample parking is available on-site, complemented by a pylon sign for maximum exposure. The surrounding area is experiencing significant growth, supported by residential development, state-funded infrastructure improvements, and a thriving local economy. This location combines convenience, visibility, and modern design, making it an exceptional choice for retail tenants seeking a high-traffic, growth-oriented market.
The property is part of a vibrant retail strip anchored by national brands such as Walmart Supercenter, Publix, and Tractor Supply, creating strong co-tenancy and consistent customer traffic. Ample parking is available on-site, complemented by a pylon sign for maximum exposure. The surrounding area is experiencing significant growth, supported by residential development, state-funded infrastructure improvements, and a thriving local economy. This location combines convenience, visibility, and modern design, making it an exceptional choice for retail tenants seeking a high-traffic, growth-oriented market.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
B
Year Built
2025
Price
$8,956,213 CAD
Price Per SF
$1,791.24 CAD
Cap Rate
4.50%
NOI
$403,057 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.52 AC
Zoning
C-I - Commercial Intensive
Parking
66 Spaces (13.2 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Restaurant
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 13-02S-13E-04969-004030 | Improvements Assessment | $937,368 CAD |
| Land Assessment | $778,266 CAD | Total Assessment | $1,715,635 CAD |
PROPERTY TAXES
Parcel Number
13-02S-13E-04969-004030
Land Assessment
$778,266 CAD
Improvements Assessment
$937,368 CAD
Total Assessment
$1,715,635 CAD
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Chick-fil-A - Live Oak FL | 1955 Ohio Ave N
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