Live Oak, FL - Chick-fil-A

Description:

• The tenant just recently signed a brand new 15-year lease with 13 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years and at the beginning of each option, growing NOI and hedging against inflation
• The site will feature a newly constructed, drive-thru equipped building with modern amenities and design
• The family-owned and privately held company has 3,354 Chick-fil-A restaurants in the United States as of October 2025

• The subject property is located along Ohio Ave N (14,400 VPD)
• This corridor has is seeing a wave of new development with Tidal Wave Car Wash, Ellianos, Popeyes, and more
• Ohio Ave N is the main retail and commuter thoroughfare serving Live Oak
• The surrounding retail users include Walmart Supercenter, Publix, Tractor Supply, and more
• The combination of state grant funding, industrial-park infrastructure buildout, and residential/commercial build activity is positioning Live Oaks for steady growth

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Listing ID: a28TP000001whFJYAY