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2281 W Oregon Ave
Philadelphia, PA 19145
Chick-fil-A - Philadelphia, PA · Retail Property For Sale
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
$5,250,000
Price Per SF
$1,582.28
Cap Rate
4%
NOI
$210,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.35 AC
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