For Sale
$2,738,000

212 Antelope Blvd Red Bluff, CA 96080

High-return QSR, Absolute NNN Lease.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a 3,743 square foot Burger King restaurant situated on a 0.75-acre lot at 212 Antelope Blvd, Red Bluff, CA 96080. The property enjoys a highly visible location near the intersection of Highway 36 and Interstate-5 in Tehama County, ensuring excellent accessibility and high traffic exposure. Built in 2023 as one of Burger King's latest prototypes, this single-story building benefits from the brand's established presence and strong local recognition. Currently operating at 100% occupancy under an absolute NNN lease, this property offers a passive income stream with minimal landlord responsibilities. The current lease is held by Quikserve Restaurants, Inc., a reputable and experienced Burger King franchisee. The property's strong financial performance is reflected in its impressive Net Operating Income (NOI) of $147,864 and a 5.40% cap rate. The asking price is $2,738,000. This turnkey investment is ideal for those seeking a low-maintenance, high-yield addition to their portfolio. The recent renovation ensures the property is in excellent condition and ready for continued success. The strategic location, coupled with the strength of the Burger King brand and the long-term lease, makes this a compelling investment opportunity with significant potential for future growth.

Highlights

  • Recently remodeled property.
  • Triple Net (NNN) lease with strong credit tenant.
  • Excellent freeway access via I-5 and multiple nearby demand generators.
  • Large, established franchise tenant.

Property Details for 212 Antelope Blvd

Property type
Retail properties
Square Feet
3,743 SF
Year Renovated
2023
Buildings
1
Stories
1
Lot Size (sq. ft)
32,670 SF

Location Insight

City
Red Bluff
County
Tehama
State
California
Latitude
40.1832222
Longitude
-122.2204276

FAQs

What type of property is this?
Retail property - High-return QSR, Absolute NNN Lease.
Where is the retail property located?
The property is located at 212 Antelope Blvd Red Bluff, CA.
What is the asking price?
The asking price for this property is $2,738,000.
What are key features of this property?
This property features: Recently remodeled property.; Triple Net (NNN) lease with strong credit tenant.; Excellent freeway access via I-5 and multiple nearby demand generators.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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212 Antelope Blvd
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