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410 W Lake St
Mount Shasta, CA 96067

Burger King · Retail Property For Sale

Investment Highlights

  • Absolute NNN Lease
  • Large Franchisee
  • Nearby Mount Shasta

Executive Summary

Operating under an absolute NNN lease, the landlord enjoys a fully passive investment with minimal responsibilities. Nearby Mount Shasta is one of Northern California’s premier destinations for camping, hiking, and outdoor recreation, drawing thousands of visitors annually. The property is leased by Norcal Co-Brands, Inc., a well-established Burger King franchisee.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,287 SF
Building Class
B
Year Built
2005
Price
£1,500,674
Price Per SF
£457
Net Initial Yield
5.15%
NOI
£77,285
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
0.92 AC
Zoning
C-1

PROPERTY TAXES

Parcel Number 057-241-460 Improvements Assessment £0
Land Assessment £451,129 Total Assessment £451,129

PROPERTY TAXES

Parcel Number
057-241-460
Land Assessment
£451,129
Improvements Assessment
£0
Total Assessment
£451,129
 

  • Listing ID: 33366882

  • Date on Market: 01/10/2024

  • Last Updated:

  • Address: 410 W Lake St, Mount Shasta, CA 96067

The Retail Property at 410 W Lake St, Mount Shasta, CA 96067 is currently available for sale. Contact Monarch Commercial Advisors for more information.

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