Overview

Description

CIRE Partners is pleased to present a single-tenant net leased investment offering in Orland, California. The property is occupied by Burger King with 10+ years remaining on the initial 20-year lease. The lease features 5% increases every 5 years, and three (3) 5-year renewal options. The property was completely remodeled in 2014, demonstrating the Tenant’s long term commitment. The site is extremely well located with immediate access from Interstate-5 and benefits from prime freeway visibility & exposure to traffic over 43,500 vehicles per day.

Highlights

• Absolute NNN Lease; No Landlord Responsibilities
• Superior Placement & Visibility along I-5 with exposure to over 43,500 vehicles per day
• Long Lease Term with Three (3) 5-year Options
• Orland the "Queen Bee Capital" was the fastest growing city on the Northern California I-5 corridor (Appeal-Democrat, May 2019)
• Rent Increase every 5 years

Documents

---