2281 Oregon Avenue, Philadelphia, PA 19145

Building Details

Year Built

2026

Listing office Sands Investment Group Los Angeles

Listing date Jun 16, 2026

Source Crexi

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Overview

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.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Philadelphia

County

Delaware

State

Pennsylvania

Longitude

-75.187401

Latitude

39.91914

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FAQs

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