Taco Bell in OR | 20-Yr Abs NNN Ground Lease 1530 Campbell Street

Investment Highlights

Brand New 20-Year Lease | Franchisee Guaranteed | Scheduled Rental Increases | Strong Operator (250+ Units) Interstate 84 (12,700 VPD) | Drive-Thru Equipped Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities Strong Demographics In 5-Mile Trade Area

Executive Summary

? Brand new 20-year lease commencing at the close of escrow with 4 (5-year) option periods to extend? Features 10% rental increases every 5 years throughout the initial term and at the beginning of each option, growing NOI and hedging against inflation? Pacific Bells Franchisee Guarantee (250+ Units)? Located adjacent Interstate 84, a major east/west traveling thoroughfare averaging 12,700 vehicles passing by daily, and State Highway 7, averaging 11,900 vehicles per day? Positioned one mile from Baker High School and Baker Middle School? Adjacent to a strong retail and hospitality corridor featuring Albertsons, Safeway, Rite Aid, McDonald?s, Pizza Hut, and Best Western Inn? Complete with a drive-thru, providing ease and convenience for customers? Strong tenant synergy promotes crossover shopping to the subject property? More than 10,800 residents and 4,800 employees support the trade area? $75,386 average household income

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Fast Food General Retail Restaurant Freestanding
• Building Size    2,400
• Year Built    2023
• Price    2,615,000
• Price Per SF    1,090
• Cap Rate    6
• NOI    156,912
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.15
• Land Acres    0.36 AC

• Corner Lot
• Freeway Visibility
• Restaurant
• Signage
• Drive Thru