14801 Kruse Oaks Blvd - Fast Food FOR SALE


Lake Oswego, OR 97035- Lake Forest
$6,989,000 USD
949-506-2009
14801 Kruse Oaks Blvd, Lake Oswego, OR for Sale
$6,989,000 USD
Fast Food - FOR SALE
1/9
null | 4.65% Cap Rate

14801 Kruse Oaks Blvd
Lake Oswego, OR 97035
Lake Forest


HIGHLIGHTS

  • Brand New 15 Year Lease | Options To Extend | Scheduled Increases 2025 Construction | Well-Known & Established Brand
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Dense Office Corridor (4.2M+ SF) | 20,000+ Daytime Employees |Direct On/Off Ramp Access Via I-5 (155,800 VPD)
  • Strong Demographics In 5-Mile Area | Affluent Portland Suburb

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, newly renovated Chick-fil-A investment property located in Lake Oswego, Oregon. The tenant, Chick-fil-A, Inc., recently signed a brand new 15 year lease with 6 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Chick-fil-A Inc. is an established and nationally recognized brand with over 3,150 locations.

FOR SALE DETAILS

PRICE

$6,989,000 USD

PRICE/SF

$832 USD /SF

CAP RATE

4.65%

% LEASED

-

TENANCY

Single

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A | New 15yr Corp Abs Grd w/ Incr

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

73

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

MC

APN/PARCEL ID

00227748

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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