SRS Real Estate Partners Brokers $6.6M Ground Lease Sale Of Chick-fil-A In Lake Oswego
14801 Kruse Oaks Boulevard
$6,600,000
$785/SF
Building Size
8,400 SF
Asset Type
Retail
Closing
Nov 24, 2025
AI
The property involved in the transaction is a retail asset located at 14801 Kruse Oaks Boulevard in Lake Oswego, OR. The sale was executed for a total price of $6,600,000. The asset encompasses an area of 8,400 square feet, which translates to a price per square foot of $786. The property features a Chick-fil-A that underwent renovations in 2025 and is leased under a new 15-year corporate-guaranteed agreement.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $6,600,000
- Square Footage: 8,400
- Price per Square Foot: $786
- Address: 14801 Kruse Oaks Boulevard
- Market: Lake Oswego, OR
The transaction was brokered by Calvin Short, Patrick Luther, and Kevin Held, representing SRS Real Estate Partners in the sale deal.
Players
Lake Oswego Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.40%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93