SRS Real Estate Partners is pleased to announce the $6.57 million ground lease (land ownership) sale of a Chick-fil-A property located at 14801 Kruse Oaks Drive in Lake Oswego, Oregon. Renovated in 2025, the 8,400-square-foot property is situated on 1.44 acres and has a brand new, 15-year corporate-guaranteed lease in place.
SRS Capital Markets Calvin Short and Patrick Luther represented the seller, a San Francisco-based family office. The buyer, a private investor from Idaho who was in a 1031 exchange, was represented by Kevin Held of SRS Capital Markets.
“This deal was unique in that Chick-fil-A is synonymous with drive-thru efficiency but lacked the ability to add a drive-thru to the existing building, per city requirement,” said Short. “We inherited the listing from another national firm and successfully overcame the objection to the lack of drive-thru – ultimately sourcing four competitive offers from buyers across the western states.”
Luther added, “We are pleased to close this latest transaction which provides the new ownership with zero landlord responsibilities. This deal is further testimony that our SRS team continues to dominate market share for sold and available Chick-fil-A stores.”
At the end of Q3 2025, SRS sold 26% of all Chick-fil-A sites in the trailing 12-month period nationwide and represents 20% of all stores currently on the market. Over the past eight years, SRS has been responsible for the sales of 62 Chick-fil-A assets across 21 states.
The property is in a densely populated area within walking distance of Kruse Woods Corporate Office Park and near the I-5 on/off ramp. It sits at the junction of I-5 and Highway 217 (155,000+ cars per day), surrounded by over 4.2 million square feet of office space within Kruse Woods Corporate Office Park.
This year, SRS Capital Markets has completed more than $1.8 billion in deal volume comprised of more than 500 transactions across the nation. SRS currently has in excess of 845 properties actively on the market with a market value surpassing $3.7 billion.
About SRS Real Estate Partners
Founded in 1986, SRS Real Estate Partners is building upon its retail foundation to provide extensive commercial real estate solutions to tenants, owners, and investors. Headquartered in Dallas, with 29 offices in the U.S., SRS has grown into one of the industry’s most influential and respected leaders. Our commitment to excellence is strengthened by our Guarantee of Value and our success is measured in the achievement of our clients’ objectives, satisfaction, and trust. For more information, please visit srsre.com.