410 W Lake St | Mount Shasta, CA 96067
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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
$1,894,000
Price Per SF
$576
Cap Rate
5.15%
NOI
$97,541
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.92 AC
Zoning
C-1
PROPERTY TAXES
Parcel Number | 057-241-460 | Improvements Assessment | $0 |
Land Assessment | $569,370 | Total Assessment | $569,370 |
PROPERTY TAXES
Parcel Number
057-241-460
Land Assessment
$569,370
Improvements Assessment
$0
Total Assessment
$569,370
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