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Single Tenant Retail

Chick-Fil-A

2421 W CHELTENHAM AVE, WYNCOTE, PA

Listing Price: $2,568,047

Cap Rate

4.25%

Net Operating Income

$109,142

Lease Type

NNN Ground

Lot Size

0.87 Acres

Rentable SF

4,596 SF

Guarantor

Corporate

Year Built

2011

Investment Highlights:
 

Exclusivley Listed By:

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SENIOR MANAGING DIRECTOR INVESTMENTS
DERRICK DOUGHERTY

(215) 531-7026
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SENIOR DIRECTOR INVESTMENTS
SCOTT WOODARD

(215) 531-7058

OUTPARCEL TO GREENLEAF AT CHELTENHAM (8M+ ANNUAL VISTORS)

» #10 Most Visited Shopping Centers in Pennsylvania
» ShopRite, Target, Home Depot, Burlington, LA Fitness, and Marshals

 

CHEAP BASIS ($2M+ PRICE POINT) | UNDER MARKET RENT ($92,923)

» Opportunity to Acquire CFA Credit | Most CFA On Market - $3 to $4M
» 2025 CFA Rents are in the $135K to $150K range (Minimum)

CORPORATE GUARANTEE | LARGEST QUICK-SERVICE RESTAURANT IN US

» 3,279 Locations in 48 States | $22.7 Billion in Systemwide Sales
» Average Unit Volume of $9.3M for Stand-Alone Stores

TENANT PERFORMANCE

» Top 5% Locally (2 of 26) & Top 25% Nationally

DENSE INFILL SUBMARKET | LOCAL QSR’S ARE THRIVING

» 38,000 People within 1 Mile of the Site
» Wendy’s – Top 5% Nationally | McDonald’s – Top 10% Locally (8 of 83)

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2005 Market Street, Suite 1510

Philadelphia, PA 19130

(215) 531-7000

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