Chick-fil-A Absolute NNN Ground
For Sale
Contact for pricing
2281 Oregon Avenue, Philadelphia, PA 19145
Brand new 20-year absolute triple-net ground lease for Chick-fil-A with a corporate guarantee and scheduled rent increases.
Property Size3,318 SF
Price / SF$1,582
Days on Market57
Property Features for 2281 Oregon Avenue
General Information
Standard status
Active
Size
3,318 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$210,000
Additional Details
Highway Access
Yes
Building Details
Year Built
2026
Tenancy
Single
Listing Agency:
Sands Investment Group Los Angeles
Listed By:
Dan Hoogesteger · License #CA 01376759
Source:
Crexi
Added: Jun 16
Changed: Aug 8
Last Checked: Aug 10 at 2:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group Los Angeles
Investment Insights
Based on property information with market context.
Sands Investment Group is pleased to offer for sale a brand new, 20-year Absolute Triple Net (NNN) ground lease for a Chick-fil-A. The lease is backed by a corporate guarantee from Chick-fil-A, Inc. and includes 10% rent increases every five years.
The property is located at a signalized intersection on Oregon Avenue and S 23rd St in Philadelphia, PA, near I-76, I-95, and Broad Street. The offering description also references demand drivers such as nearby national retailers, Philadelphia’s major sports complexes, and the Bellwether District redevelopment project.
This ground lease structure is designed for investors seeking long-term, tenant-responsibility cash flow under an absolute triple-net framework, supported by the Chick-fil-A corporate guarantee and contractual rent escalations. The asset is presented as a ground lease with terms extending 20 years, providing a defined horizon tied to the lease agreement and its stated increase schedule.
The property is located at a signalized intersection on Oregon Avenue and S 23rd St in Philadelphia, PA, near I-76, I-95, and Broad Street. The offering description also references demand drivers such as nearby national retailers, Philadelphia’s major sports complexes, and the Bellwether District redevelopment project.
This ground lease structure is designed for investors seeking long-term, tenant-responsibility cash flow under an absolute triple-net framework, supported by the Chick-fil-A corporate guarantee and contractual rent escalations. The asset is presented as a ground lease with terms extending 20 years, providing a defined horizon tied to the lease agreement and its stated increase schedule.
Key Highlights
- Brand‑new 20‑year absolute triple‑net (NNN) ground lease for a Chick‑fil‑A at the intersection of Oregon Ave & S 23rd St in Philadelphia, PA
- Backed by a corporate guarantee from Chick‑fil‑A, Inc.
- Scheduled 10% rent increases every 5 years for long‑term rental growth
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,322
Businesses Nearby
119k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 45%
Shops & Services 37%
Dining 17%
Electronics 2%
ACME Markets
Groceries
39,662 visits/mo
0.4 miles
TD Bank
Shops & Services
14,055 visits/mo
0.5 miles
Grocery Outlet Bargain Market
Groceries
13,901 visits/mo
0.5 miles
Conoco
Shops & Services
10,085 visits/mo
0.0 miles
Dunkin' Donuts
Dining
9,398 visits/mo
0.3 miles
Demographics for 19145, PA
47,079
Population
21,295
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
4.8 sq mi
ZIP Area
9,808
Density / Sq Mi
$70,374
Median Household Income
$45,940
Median Earnings
$1,343
Median Rent
$290,100
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
NNN property - Brand new 20-year absolute triple-net ground lease for Chick-fil-A with a corporate guarantee and scheduled rent increases.
Where is this nnn property located?
The property is located at 2281 Oregon Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Brand‑new 20‑year absolute triple‑net (NNN) ground lease for a Chick‑fil‑A at the intersection of Oregon Ave & S 23rd St in Philadelphia, PA; Backed by a corporate guarantee from Chick‑fil‑A, Inc.; Scheduled 10% rent increases every 5 years for long‑term rental growth
