Chick-fil-A NNN Property For Sale — Philadelphia, PA
4670 Roosevelt Blvd, Philadelphia, PA 19124
This trophy ground lease with Chick-fil-A is located on a pad site within the Northeast Tower Center in Philadelphia, Pennsylvania. Constructed in 2016, the property benefits from approximately 15 years remaining on a 20-year ground lease, featuring attractive 10% rental increases every five years. Chick-fil-A, a prominent fast-food operator with over 2,300 restaurants in the United States and over $11 billion in revenue, maintains corporate leases. The average Chick-fil-A generates significant sales, exceeding that of many competitors. The pad site is strategically positioned fronting Roosevelt Boulevard, a major twelve-lane thoroughfare with high traffic counts exceeding 93,000 cars per day. Chick-fil-A is situated at the entrance to Northeast Tower Center, a 500,000 square foot shoppin…
- Address: 4670 Roosevelt Blvd, Philadelphia, PA 19124
- Asking price $3.58M
- 4.00% cap rate
- NOI $143,000
- 9.6 years remaining
- NNN lease
- Year built: 2016
- Building size: 4,946 SF
- Lot size: 0.88 acres
- Lease expiration: Apr 30, 2036
- Rent increases: Current: $143,000; Apr-2026: $157,300; Apr-2031: $173,030
- Guarantor: Corporate
Location
This Chick-fil-A property is at 4670 Roosevelt Blvd in Philadelphia, Pennsylvania.
Asset type: QSR