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Chick-fil-A | New 15yr Abs NNN w/ Incrs 350 Oro Dam Blvd E 4,266 SF Retail Building Oroville, CA 95965 $6,548,682 CAD ($1,535.09 CAD/SF) 4% Cap Rate
Investment Highlights
- New 15 Year Lease | Leading Fast-Food Brand | New Construction
- Strategic Location & High Traffic Counts
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strong Demographics & Growth Drivers
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, new construction, corporate guaranteed Chick-fil-A investment property located in Oroville, California. The tenant, Chick-fil-A, Inc., recently signed a brand new 15-year lease with 3 (5-year) and
1 (4-year and 11-month) options to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, providing a steady growth in NOI and a strong hedge against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment for a passive investor. Chick-fil-A is an industry-leading brand, and the site will feature their latest 2026 construction with a dual drive-thru to maximize efficiency and sales volume.
1 (4-year and 11-month) options to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, providing a steady growth in NOI and a strong hedge against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment for a passive investor. Chick-fil-A is an industry-leading brand, and the site will feature their latest 2026 construction with a dual drive-thru to maximize efficiency and sales volume.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Building Size
4,266 SF
Year Built
2026
Construction Status
Under Construction
Price
$6,548,682 CAD
Price Per SF
$1,535.09 CAD
Cap Rate
4%
NOI
$261,947 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.95 AC
Opportunity Zone
Yes
Zoning
C-2 - Intensive Commercial
Parking
57 Spaces (13.36 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 8
Videos
Matterport 3D Exterior
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Photos
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Street
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Chick-fil-A | New 15yr Abs NNN w/ Incrs | 350 Oro Dam Blvd E
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