1611 18th Street, Springfield, OR 97477

Building Details

Year Built

1976

Listing office SURMOUNT g***@nnnpro.com Show Phone

Listing date Jun 17, 2026

Source Crexi

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

All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT

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Overview

The property is a single-tenant Burger King restaurant offering approximately 2,932 rentable square feet of building area on an estimated 0.57-acre parcel. The site is operated under a 20-year Triple Net (NNN) lease structure. The lease commenced on 6/1/2021, and the current annual rent is $122,132, with scheduled 1.50% annual increases beginning in July 2027.

Located at 1611 North 18th Street in Springfield, Oregon 97477, this offering provides investors with a stable, professionally leased restaurant format. The subject property is presented as an exclusive sale listing for the operating Burger King under the existing NNN terms.

This is a practical fit for investors seeking a single-tenant, NNN-leased restaurant asset with contractual rent escalations already built into the lease schedule. Because the ownership interest is tied to the existing Burger King lease through its term, the property’s income profile is primarily driven by the lease provisions rather than tenant-by-tenant leasing needs.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Springfield

County

Lane

State

Oregon

Longitude

-122.9978059

Latitude

44.0600405

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FAQs

What type of property is this?

NNN property - Single-tenant Burger King on a leased basis with scheduled rent increases under a long-term NNN lease.

Where is this nnn property located?

The property is located at 1611 18th Street Springfield, OR.

What is the asking price?

The asking price for this property is $2,035,533.

What are key features of this property?

This property features: Single‑tenant Burger King at 1611 North 18th Street, Springfield, OR 97477; Approximately 2,932 rentable SF on an estimated 0.57‑acre parcel; 20‑year Triple Net (NNN) lease commenced 6/1/2021