Property summary
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.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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