Chick-fil-A Absolute NNN Ground
2281 Oregon Avenue Philadelphia, PA 19145
2281 Oregon Avenue, Philadelphia, PA, 19145
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For Sale
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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 Market36
Property Features for 2281 Oregon Avenue
General Information
- Standard status
- Active
- Size
- 3,318 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agency
Sands Investment Group Los Angeles
Listed by
Dan Hoogesteger · License #CA 01376759
Source
Crexi
Added: Jun 16 Updated: Jul 10 at 1:59PM Checked: Jul 21 at 4:42AM
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
Location Intelligence
Current Use by Public Records
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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
