2281 W Oregon Ave - Restaurant FOR SALE


Philadelphia, PA 19145- South Philadelphia West
$5,250,000 USD
310-853-1419
2281 W Oregon Ave, Philadelphia, PA for Sale
$5,250,000 USD
Restaurant - FOR SALE
1/6
null | 4% Cap Rate

2281 W Oregon Ave
Philadelphia, PA 19145
South Philadelphia West


HIGHLIGHTS

  • Rare 20-year Absolute Triple Net (NNN) ground lease with 9 (5-year) extension options.
  • Chick-fil-A, Inc. (3,400+ locations / $10B+ in revenue).
  • 10% rent increases every 5 years, providing a strong hedge against inflation.
  • Population exceeding 329,649 with average household incomes above $115,488 within three miles.
  • Less than 1 minute from I-76, Penrose Avenue, I-95, and Broad Street.
  • Surrounded by major retailers including ShopRite, ALDI, Home Depot, BJ’s Wholesale Club, Sprouts, Acme, and McDonald’s.

OVERVIEW

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

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$1,582 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A - Philadelphia, PA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Daniel HoogestegerSands Investment GroupMore Info
310-853-1419

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Daniel HoogestegerSands Investment GroupMore Info
310-853-1419

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.