Long John Silver's & KFC 9750 Highway 53

Investment Highlights

Absolute NNN lease-ZERO Landlord responsibilities Lease includes a percentage rent clause of 8.5% which tenant has triggered in past years Situated just .50 miles from Lower Lake High School and Lower Lake Elementary School Attractive 12.5% fixed rent increases every 5 years Property Offers excellent frontage onto U.S. Highway 53

Executive Summary

Unique opportunity to acquire a single tenant investment property in Northern California. The existing lease is absolute NNN, not requiring any landlord responsibilities. The lease also offers attractive fixed rent increases of 12.5% every 5 years versus a percentage rent clause equal to 8.5% gross sales.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Freestanding General Retail Restaurant Fast Food
• Building Size    2,952
• Building Class    C
• Year Built    2005
• Price    1,690,000
• Price Per SF    572
• Cap Rate    6.29
• NOI    106,312
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.08
• Land Acres    0.81 AC

• Corner Lot