1500 Anna Sparks Way
1500 Anna Sparks Way, McKinleyville, CA
For Sale
Retail
Restaurant
$1,500,000
Price
4,975 sqft
Building Size
1.22 acres
Lot Area
Overview
Building Size
4,975 sqft
Lot Area
1.22 acres
Year Built
1996
Zoning
CS: Commercial Services
MlsNumber
263897
Description
Passive Income Special! Invest in your financial future with this property, boasting a fresh 15-year Mountain Mike's Pizza lease with a personal guarantee. Enjoy stability and growth with the 15-year lease, two 5-year options, and a $250 monthly rent upsurge, plus rent bumps of 6% on all sales over $100,000 per month (first month $155k in sales). Benefit from rising rent alongside increased store revenue and potential EV income. Offset property tax hikes with the owner's carry option. Gain peace of mind with Four Individuals' Personal Guaranty of Lease and a Franchise Addendum. Seize the opportunity - call now!
Highlights
- Age: 21-30 Years Old
- Lot Size: 1-2 Acres
This listing was syndicated through:
Listing ID: 25cb9cc3-eee7-4a0d-91c2-a88ceeeeecc2
Listing ID: 25cb9cc3-eee7-4a0d-91c2-a88ceeeeecc2