Retail    

Chick-fil-A

 Lake Oswego, OR

Asking Price

$8,670,000

Cap Rate

3.75%

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Lease

Absolute NNN Ground

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Year Built / Renovated

1989 / 2024

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Avg HHI

$180,719

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Square Feet

±8,400 SF

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Highly Coveted

Lake Oswego Submarket

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Brand-new absolute net 15-year ground lease with 10% rent increases every 5 years.
  • Grand opening expected in Q1 2025.
  • Larger-than-average store footprint and a high parking ratio to accommodate strong in-store traffic. There are no competing fast-food options along Kruse Way, with drive-thrus strictly prohibited.

 

  • The property is located in affluent Lake Oswego, where average household incomes are 53% higher than Portland's and submarket vacancy is 1.6%. 
  • The area benefits from a strong daytime population of 20,000 workers and an office submarket totaling over 2.8 million square feet.

Exclusively Listed By

Kevin Adatto

Managing Director
  kadatto@northmarq.com      503.675.7726
OR Lic. #200003168

Michael Kapnick

Vice President
  mkapnick@northmarq.com      503.210.4068
OR Lic. #960500191

Northmarq

4949 Meadows Road, Suite 490
Lake Oswego, OR 97035

northmarq.com