Live Oak, FL - Chick-fil-A

Description:

• Chick-fil-A corporate signed lease
• 15 years remaining with 6 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period

• The subject property is located directly across from a Lowe’s anchored center and in close proximity to other national/credit tenants such as Popeyes, Tractor Supply Co, and Dollar Tree
• Less than two miles from a Walmart Supercenter anchored center with other national/credit tenants including The UPS Store, Papa Johns, Cato Fashions, Subway, Sally Beauty, and more
• The property is in the center of a primary retail corridor with other notable tenants including McDonald’s, Publix, Starbucks, Huddle House, Wendy’s, Moe’s, and others
• Strong tenant synergy promotes crossover shopping to the subject property