4201 Olton Rd - Fast Food FOR SALE


Plainview, TX 79072
$5,995,000 USD
510-289-1166
4201 Olton Rd, Plainview, TX for Sale
$5,995,000 USD
Fast Food - FOR SALE
1/1
null | 4.75% Cap Rate

4201 Olton Rd
Plainview, TX 79072


HIGHLIGHTS

  • New 15-Year Absolute NNN Lease: Zero landlord responsibilities with 10% rental increases every 5 years
  • New 2025 Construction: Featuring Chick-fil-A’s proven double drive-thru design
  • Significant Tax Advantages: Fee simple ownership allows for depreciation of the improvements
  • Limited Competition: This is the only Chick-fil-A location within a 45+ mile radius
  • Strategic Highway Location: Excellent visibility and access at the junction of Interstate 27 and U.S. Highway 70
  • Major Economic Drivers: Just 2 miles from Wayland Baptist University, Covenant Hospital, and Walmart’s major distribution center (1,500 employees)

OVERVIEW

The subject property is conveniently located with excellent access and visibility on Olton Road/US-70 near its intersection with Interstate 27/US-87 (17,900 ADT combined). The site sits directly adjacent to Zips Car Wash, Super 8 by Wyndham, IHOP, and Harvest Christian Fellowship. The site benefits from affluent demographics, with an average household income of $110,267 within a 1-mile radius. The property is situated within Plainview’s primary retail corridor, surrounded by many top-performing national tenants (by annual visits, per Placer.ai) including McDonald’s (top 1% nationwide), Sonic (top 4% nationwide), Burger King (top 4% nationwide), Taco Bell (top 9% location in Texas), and Dollar General (top 4% nationwide). Additional notable retailers in the corridor include Tractor Supply, Walmart Supercenter, United Supermarkets, Whataburger, Starbucks, Pizza Hut, Planet Fitness, Bealls, Dollar Tree, and multiple national hotel chains. This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.

FOR SALE DETAILS

PRICE

$5,995,000 USD

PRICE/SF

$1,124 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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Putnam DailyFisher James CapitalMore Info
510-289-1166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.