Commercial property with 8% CAP rate; NNN lease

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
EG11269 - Real Estate

Location:
Oregon - Oregon

Commercial property with 8% CAP rate; NNN lease

Business Description:

8.00% CAP rate from 5 year NNN lease with 5 year option from 70+ year old, very profitable establishment. EV charging station expansion opportunity with required utility within 100'. The 2024 income is forecast as it assumes a sale of the tenant restaurant with a new lease rate of $26.67/sf/yr or $120,000 annually.


Asking Price: $1,500,000


Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

12 Months Ended

12/31/2024

$120,000
(Sales)

$120,000
(Adjusted Cash Flow)

12 Months Ended

12/31/2023

$84,000
(Sales)

$84,000
(Adjusted Cash Flow)

12 Months Ended

12/31/2022

$84,000
(Sales)

$84,000
(Adjusted Cash Flow)

12 Months Ended

12/31/2021

$84,000
(Sales)

$84,000
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 0 0
Owners 0 0

Hours of Operation

Licenses Required:

  • OLCC
  • OR Lottery
  • Lane County Food Handler

Lease

Monthly Rent Including NNN:
$11,795

Expires:
2029

Option:
For 5 years

Size(sq.ft.):
4,500

Miscellaneous

Type of Organization:
LLC

Reason for Sale:
Retirement

Training:
0 weeks hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.