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