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Taco Bell in OR | 20-Yr Abs NNN Ground Lease 1530 Campbell Street

2,400 SF Retail Building Baker City, OR 97814 £2,046,107 (£853/SF) 6% Net Initial Yield

Investment Highlights

  • Brand New 20-Year Lease | Franchisee Guaranteed | Scheduled Rental Increases | Strong Operator (250+ Units)
  • Interstate 84 (12,700 VPD) | Drive-Thru Equipped
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Strong Demographics In 5-Mile Trade Area

Executive Summary

• Brand new 20-year lease commencing at the close of escrow
• Features 10% rental increases every 5 years throughout the initial term and at the beginning of each option, growing NOI and hedging against inflation
• Pacific Bells Franchisee Guarantee (250+ Units)

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,400 SF
Building Class
B
Year Built
2023
Price
£2,046,107
Price Per SF
£853
Net Initial Yield
6%
NOI
£122,776
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Lot Size
0.36 AC
Zoning
C-G - General Commercial

Amenities

  • Corner Lot
  • Freeway Visibility
  • Restaurant
  • Signage
  • Drive Thru
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Taco Bell
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Taco Bell Accommodation and Food Services 99,999 SF - Lorem Ipsum -

Links

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Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Safeway
Starbucks
TacoTime
Community Bank
Albertsons
U.S. Bank
Umpqua Bank
The YMCA
Grocery Outlet
Banner Bank
(480) 221-4221

Contacts

  • Listing ID: 30179747

  • Date on Market: 28/11/2023

  • Last Updated:

  • Address: 1530 Campbell Street, Baker City, OR 97814

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1530 Campbell Street, Baker City, OR for sale Building Photo- Image 1 of 6
Baker City OR - Taco Bell
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© 2024 CoStar Group

Taco Bell in OR | 20-Yr Abs NNN Ground Lease | 1530 Campbell Street
(480) 221-4221 x

Taco Bell in OR | 20-Yr Abs NNN Ground Lease | 1530 Campbell Street

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Patrick Luther

(480) 221-4221

(480) 221-4221

Matthew Mousavi

(714) 404-8849

(714) 404-8849

Winston Guest

(949) 698-1105

(949) 698-1105

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