Lead Agents
Anderson, CA
Recently Closed: Burger King
Price:
$3,218,000
Cap Rate:
5.40%
NOI:
$173,759
Built:
2023
Building Size (SF):
2023
Lot Size (Acres):
0.78 AC
The lease features a primary term expiring in 2042, providing long-term stability for the investor. Additionally, the lease includes a 10% rental increase every five years. In 2023, the property was remodeled to reflect one of Burger King’s latest prototype designs. With an absolute NNN lease in place, the landlord enjoys a fully passive investment. Conveniently located adjacent to the northbound I-5 on-ramp, the property benefits from high visibility and easy access for both local shoppers and interstate travelers. The property is leased by Quikserve Restaurants, Inc., a prominent Burger King franchisee.
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