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121 Ponderosa Dr Sutherlin, OR 97479

For Sale
$1,846,470

NNN Burger King in Sutherlin, OR with attractive rent increases.

Property size:
3,192 SF
Lot size:
0.82 Acres

Property Features for 121 Ponderosa Dr

General Information

Size
3,192 SF
Lot size
0.82 Acres

Source: NNN Pro Group Agent Glen Kunofsky

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Burger King NNN Investment Opportunity

This property features a Burger King located at 121 Ponderosa Drive, Sutherlin, Oregon. The site includes approximately 3192 rentable square feet of building space on an estimated 0.83-acre parcel of land. The Burger King is operating under a 20-year Triple Net (NNN) lease, which started on June 1, 2021, with over 17 years remaining. The current annual rent is $106,172, with scheduled increases of 1.50% annually starting in year 7. The absolute triple-net (NNN) lease has zero landlord responsibilities. There are four (4), five (5)-year tenant renewal options, potentially extending the lease term to 40 years. Burger King has been operating at this location for over 20 years.
Insight Report Location Intelligence

Current Use by Public Records

Burger King Restaurant

Suggested Use

Restaurant Realty agency Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sutherlin
County
Douglas
State
Oregon
Longitude
-123.3364133
Latitude
43.3856879

FAQs

What type of property is this?
Drive through restaurant - NNN Burger King in Sutherlin, OR with attractive rent increases.
Where is this drive through restaurant located?
The property is located at 121 Ponderosa Dr Sutherlin, OR.
What is the asking price?
The asking price for this property is $1,846,470.
What are key features of this property?
This property features: - Long-term, absolute NNN lease with over 17 years remaining, ensuring a stable and passive income stream.; - Established tenant: Burger King has been operating at this location for over 20 years, demonstrating strong viability.; - Attractive annual rental increases of 1.50% starting in year 7, providing a hedge against inflation and increased ROI.
More about this property
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