Shari's Restaurant 205 Kelso Dr

Investment Highlights

Long-Term, 20-Year Absolute Triple Net (NNN) Lease One (1), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 25 Years One-and-Three-Quarters Percent (1.75%) Rental Increases Occurring

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Shari?s Restaurant locatedat 205 S Kelso Dr. in Kelso, Washington. The site consists of roughly 3,762 rentable squarefeet of building space on an estimated 0.77-acre parcel of land. This Shari?s Restaurant issubject to a 20-year absolute triple-net (NNN) lease, which has approximately 16.5 years oflease term remaining. The annual rent is $211,291 as of the October rental increase and isscheduled to increase by 1.75% annually throughout the base term and in the 1, 5-yearrenewal option

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    3,762
• Building Class    B
• Year Built    1982
• Price    3,250,625
• Price Per SF    864
• Cap Rate    6.50
• NOI    211,291
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.11
• Land Acres    0.77 AC