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Investment Highlights

  • Corporate NNN Ground Lease - 14.1 Years Remaining
  • Relocation Store - Proven Operational History
  • 4 Miles from Purdue University - 128K Residents (5-Miles)
  • Placer.ai Ranks Foot Traffic in Top 7% of U.S. Locations
  • Outparcel to Lowe's - Dense Retail Corridor
  • Hard Signalized Corner - 55K Cars Per Day

Executive Summary

Chick-fil-A is the third largest quick-service restaurant in the United States, with more than 3,160 restaurants across the United States, Canada, and Puerto Rico. Chick-fil-A reports average unit sales volumes of $9.4 million.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,250 SF
Building Class
C
Year Built
2020
Price
$5,556,800 CAD
Price Per SF
$1,058.44 CAD
Cap Rate
4.19%
NOI
$232,656 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.23 AC
Parking
73 Spaces (13.9 Spaces per 1,000 SF Leased)
Frontage
256’ on N creasy ln

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Chick-fil-A began in 1946, when S. Truett Cathy and his brother Ben opened the Dwarf Grill in Georgia, laying the foundation for the company's restaurant business. The first Chick-fil-A restaurant opened in 1967, and the company grew around a menu centered on chicken sandwiches, breakfast items, salads, sides, and beverages. Chick-fil-A operates as a quick-service restaurant brand with a strong catering business and a mix of dine-in, drive-thru, and digital ordering services. The company also supports food quality and sourcing programs while maintaining a wide presence across the United States and select international markets.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

VASA Fitness
Snap Fitness 24/7
Starbucks
7 Brew Coffee
Old National Bank
Regions Bank
Red Lobster
Chuy's Mexican Restaurant
Outback Steakhouse
Chili's Grill & Bar

Property Taxes

Property Taxes

Parcel Number
79-07-23-376-024.000-004
Land Assessment
$0 CAD
Improvements Assessment
$3,750,866 CAD
Total Assessment
$3,750,866 CAD
  • Listing ID: 35042736

  • Date on Market: 2025-03-06

  • Last Updated:

  • Address: 50 N Creasy Ln, Lafayette, IN 47905

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