request_info_guest false
Street View
Map
5 Photos

NorCal Burger King | Single-Tenant Absolute NNN Lease

$3,450,000

901 Newville Road, Orland, CA 95963

Active
Last Updated: 11/03/2022

4.38

Cap Rate

151,200

NOI

Details:
Cap Rate:    4.38%
NOI:    $151,200
Lot Area:    0.91 acres
Occupancy:    100%
Lease Type:    Absolute Net
Building Size:    2,834 sqft
Built/Renovated :    1995 / 2014
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
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.

Map:
Documents:
Title
Burger_King_CA_Orland_901_Newville_Rd_OM__2022_CIRE_.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery