About This Restaurant
Investment Highlights
20 Year Absolute Net Lease Feat. 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2024 High Quality Construction. This Franchisee is often Regarded as One of the Best Operators within the BKC System. A Short Drive from Willamette Valley Medical Center - a 60-Bed Acute-Care, Full-Service Facility. Features a 24-Hour ER Department. Positioned Along Area?s Traffic & Retail Corridor - Features Easy Access & Excellent Visibility at a Signalized Hard Corner. Pad to Lowe?s Home Improvement and Near Numerous other National Retailers including Albertsons, Walgreens, Roth?s Fresh Markets, Bi-Mart & many more. Walking Distance from Linfield University - a Private Liberal Arts College consisting of a College of Arts & Science, School of Nursing and more.
Executive Summary
Brand New 2024 Construction | Pad to Lowe?s | Affluent Area | Signalized Hard Corner | Walking Distance from University | Minutes from Airport and Medical CenterOregon Broker of Record: David Tabata | 111 SW 5th Ave., Ste. 1950 Portland, OR 97204 | P: (503) 200-2000 | Lic #: 201224889 | Firm Lic #: 200709023 | David.Tabata@MarcusMillicap.com
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Fast Food General Retail Restaurant General Retail Storefront Freestanding
- Building Size 1,937
- Year Built 2023
- Price 2,999,867
- Price Per SF 1,549
- Cap Rate 6
- NOI 179,992
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.05
- Land Acres 0.94 AC
| Date Created: | 2024-07-16 04:18:09 | Last Updated: | 2024-07-16 04:18:09 |
| Address: | 1180 Booth Bend Rd , Mcminnville, Oregon, 97128 | ||