410 Lake St Mount Shasta, CA 96067
- Retail properties
- 3,287 SF
- 0.92 lot acres
Current Use by Public Records
- Retail properties
Property Details for 410 Lake St
- Lot size
- 0.92 lot acres
- Property size
- 3,287 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a single-tenant, 3,287 square foot Burger King located at 410 W Lake St, Mount Shasta, CA 96067. The property sits on a 0.92-acre lot and operates under a highly desirable absolute NNN lease, providing a passive investment with minimal landlord responsibilities. The current tenant, Norcal Co-Brands, Inc., a well-established Burger King franchisee, ensures consistent income and minimal management overhead. The property boasts 100% occupancy and generates a strong net operating income (NOI) of $97,526, resulting in an attractive 5.15% cap rate. The asking price is $1,894,000. This prime location at the base of Mount Shasta benefits from significant tourist traffic drawn to the area's renowned camping, hiking, and outdoor recreation opportunities. The single-story building offers a straightforward investment with excellent potential for long-term growth and stable returns. This is a rare chance to acquire a well-performing, low-maintenance commercial property in a desirable Northern California location. The property's strong tenant, favorable lease terms, and prime location make it an ideal addition to any investment portfolio. The property is situated in Siskiyou County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mount Shasta
- County
- Siskiyou
- State
- California
- Longitude
- -122.317
- Latitude
- 41.3114
