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Chick-fil-A - Philadelphia, PA 2281 W Oregon Ave 3,318 SF Retail Building Philadelphia, PA 19145 $7,344,067 CAD ($2,213.40 CAD/SF) 4% Cap Rate
Investment Highlights
- Rare 20-year Absolute Triple Net (NNN) ground lease with 9 (5-year) extension options.
- 10% rent increases every 5 years, providing a strong hedge against inflation.
- Less than 1 minute from I-76, Penrose Avenue, I-95, and Broad Street.
- Chick-fil-A, Inc. (3,400+ locations / $10B+ in revenue).
- Population exceeding 329,649 with average household incomes above $115,488 within three miles.
- Surrounded by major retailers including ShopRite, ALDI, Home Depot, BJ’s Wholesale Club, Sprouts, Acme, and McDonald’s.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale a brand new, rare 20-year Absolute Triple Net (NNN) Ground Lease for a Chick-fil-A located at the signalized intersection of Oregon Avenue & S 23rd St in Philadelphia, PA. The lease is backed by a corporate guarantee from Chick-fil-A, Inc. (3,400+ locations / $10B+ in revenue) and features 10% rent increases every 5 years, providing strong long-term rental growth and an attractive hedge against inflation. Strategically located near I-76, I-95, and Broad Street, the property benefits from strong demographics with 329,000+ residents and average household incomes exceeding $115,488 within 3 miles, while drawing traffic from nearby national retailers, Philadelphia’s major sports complexes, and the transformative 1,300-acre Bellwether District redevelopment project.
In Cooperation With Sands Investment Group Pennsylvania, LLC - Lic. PA #RB069072 - BoR: Tom Gorman - Lic. PA #RM424383
In Cooperation With Sands Investment Group Pennsylvania, LLC - Lic. PA #RB069072 - BoR: Tom Gorman - Lic. PA #RM424383
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,318 SF
Building Class
C
Year Built
2026
Construction Status
Proposed
Price
$7,344,067 CAD
Price Per SF
$2,213.40 CAD
Cap Rate
4%
NOI
$293,763 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.35 AC
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Chick-fil-A
- Accommodation and Food Services
-
99,999 SF
-
$9.99
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Chick-fil-A | Accommodation and Food Services | 99,999 SF | $9.99 | - |
Exceptionally walkable
90/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 7
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Chick-fil-A - Philadelphia, PA | 2281 W Oregon Ave
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