2535 North St | Anderson, CA 96007
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2535 North St
Anderson, CA 96007
Burger King · Retail Property For Sale
Investment Highlights
- 2042 Primary Term Expiration
- Brand New Remodel; Absolute NNN
- Large Franchisee
- 10% Increases Every 5 Years
- Proximity to Retail and Interstate-5
Executive Summary
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,595 SF
Building Class
C
Year Built
2005
Price
$3,218,000
Price Per SF
$895
Cap Rate
5.40%
NOI
$173,772
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.78 AC
Parking
21 Spaces (5.8 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 201-340-058-000 | Improvements Assessment | $839,504 |
| Land Assessment | $370,933 | Total Assessment | $1,210,437 |
PROPERTY TAXES
Parcel Number
201-340-058-000
Land Assessment
$370,933
Improvements Assessment
$839,504
Total Assessment
$1,210,437
Learn More About Investing in Retail Properties
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
