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31243331
31243327

186 Maynard St, Williamsport, PA 17701

MS
PA RS297166
CBRE - Philadelphia Suburban
MG
PA RS287470
CBRE - Philadelphia Suburban
Listed by CBRE - Philadelphia Suburban
$3,220,930
74 days on market
Updated 74 days ago

Chick-fil-A | Williamsport, PA

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 5,185
Units 1
Cap Rate 4.3%
NOI $138,500
Occupancy 100%
Tenancy Single
Brand/Tenant Chick-fil-A
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/31/2040
Remaining Term 14.2
Rent Bumps Yes
Lease Options 8x5 Years
Price per SqFt $621
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 2.190
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/31/2025
Occupancy Date 07/31/2025
Ground Lease Yes
Ownership Fee Simple

UPDATED PRICING | New Construction | Triple Drive-thru | 15 Year Lease

Marketing description

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this brand-new, 2025 construction Chick-fil-A located in Williamsport, Pennsylvania. The property is secured by a 15-year absolute NNN ground lease corporately guaranteed by Chick-fil-A, Inc., offering investors truly passive ownership with zero landlord responsibilities. Rent commences July 31, 2025, providing a long-duration income stream supported by 10% rent increases every five years throughout both the base term and eight 5-year renewal options.

Investment highlights

BRAND-NEW 2025 FREESTANDING CHICK-FIL-A ON 2+ ACRE PARCEL
This newly constructed 5,185 SF Chick-fil-A delivers the tenant’s latest high-quality freestanding design with triple drive-thru lanes to support strong customer demand and drive-thru efficiency. Developed on a generous 2.19-acre parcel, the site offers excellent long-term real estate fundamentals and modern construction consistent with Chick-fil-A’s premium brand standards. Rent commenced July 31, 2025, providing investors with a brand-new income stream backed by one of the most sought-after operators in the net-lease market.

ABSOLUTE NNN GROUND LEASE WITH CORPORATE GUARANTEE
The offering is secured by a 15-year, corporately guaranteed absolute NNN ground lease, providing truly passive ownership with no landlord responsibilities. The lease includes 10% rent increases every five years throughout the base term and all eight (8) 5-year renewal options, ensuring durable income growth and excellent long-term stability.

INDUSTRY-LEADING TENANT WITH OUTSTANDING PERFORMANCE
Chick-fil-A is a dominant performer in the quick-service category, operating 3,059+ U.S. locations with more than 140,000 team members. In 2024, the company generated $22.75 billion in systemwide sales, with roughly 60% coming through drive-thru operations. Freestanding franchised units produced an impressive $9.317 million average annual sales volume, reinforcing Chick-fil-A’s reputation as a top-tier, investment-grade-caliber tenant.

STRATEGIC LOCATION NEAR MAJOR HEALTHCARE, EDUCATION & TOURISM DRIVERS
The property is positioned across from Pennsylvania College of Technology (±4,705 students; daytime population ±62,723) and adjacent to a new Wawa, creating a reliable daily-use commercial hub. It is also centrally located between UPMC Williamsport, a 224-bed acute care hospital offering advanced cardiovascular, surgical, emergency, and inpatient services, and the UPMC Williamsport Divine Providence Campus, which provides cancer treatment, surgery, breast health services, imaging, and specialty outpatient care. Together, these two campuses drive significant daily traffic from staff, patients, and visitors.

NEAR NEW 28-ACRE SPORTS COMPLEX PROJECTED TO DRAW 500,000+ VISITORS
Situated near the highly anticipated Williamsport Lumber Yard, a new 28-acre baseball and softball complex opening in early 2026, the property is poised to benefit from substantial new sports-tourism demand. The venue is expected to attract 500,000+ annual visitors, further strengthening the location’s long-term traffic profile.

SOLID TRAFFIC COUNTS & SUPPORTIVE TRADE AREA DEMOGRAPHICS
With 12,330 VPD on Maynard Street and 46,941 VPD on I-180, the site offers excellent visibility and access. The 5-mile trade area is home to 52,625 residents with an average household income of $80,965, providing a strong consumer base for sustained long-term performance.

Listing Contacts

MS
PA RS297166
CBRE - Philadelphia Suburban
MG
PA RS287470
CBRE - Philadelphia Suburban
Listed by CBRE - Philadelphia Suburban

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$138,500.00
$11,541.67/mo

Valuation Metrics

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DSCR
4.3%
Cap Rate
4.3%
ROI

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