1611 18Th StSpringfield, OR 97477

This exceptional investment opportunity presents a 2,932 square foot Burger King located at 1611 18th St, Springfield, OR 97477, in Lane County. The property sits on a 0.57-acre lot and boasts a strong 5.75% cap rate, generating a net operating income (NOI) of $122,132. The property features a long-term, absolute triple-net (NNN) lease with Burger King, minimizing landlord responsibilities. The lease commenced June 1st, 2021, and has a remaining term of approximately 16.6 years, with four, five-year tenant renewal options extending the potential lease term to 40 years. Built in 1976, this established location benefits from annual rent increases of 1.50% beginning in year seven, providing consistent income growth. The asking price is $2,124,035, translating to a price per square foot of $724.43. This is a rare opportunity to acquire a well-established, passively managed, high-performing fast-food investment with significant long-term potential. The property's location in Springfield, Oregon, offers excellent visibility and accessibility. This is a compelling investment for those seeking a stable, high-yield, and low-maintenance commercial real estate asset.