212 Antelope Blvd Red Bluff, CA 96080
- Retail properties
- 3,743 SF
- 0.75 lot acres
Current Use by Public Records
- Retail properties
Property Details for 212 Antelope Blvd
- Lot size
- 0.75 lot acres
- Property size
- 3,743 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a 3,743 square foot Burger King restaurant situated on a 0.75-acre lot at 212 Antelope Blvd, Red Bluff, CA 96080. The property enjoys a highly visible location near the intersection of Highway 36 and Interstate-5 in Tehama County, ensuring excellent accessibility and high traffic exposure. Built in 2023 as one of Burger King's latest prototypes, this single-story building benefits from the brand's established presence and strong local recognition. Currently operating at 100% occupancy under an absolute NNN lease, this property offers a passive income stream with minimal landlord responsibilities. The current lease is held by Quikserve Restaurants, Inc., a reputable and experienced Burger King franchisee. The property's strong financial performance is reflected in its impressive Net Operating Income (NOI) of $147,864 and a 5.40% cap rate. The asking price is $2,738,000. This turnkey investment is ideal for those seeking a low-maintenance, high-yield addition to their portfolio. The recent renovation ensures the property is in excellent condition and ready for continued success. The strategic location, coupled with the strength of the Burger King brand and the long-term lease, makes this a compelling investment opportunity with significant potential for future growth.
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
- Red Bluff
- County
- Tehama
- State
- California
- Longitude
- -122.22
- Latitude
- 40.1832
