9750 Ca-53Lower Lake, CA 95457

Property Details for 9750 Ca-53

Year built

2005

Lot size

0.81 AC

Property size (Sq ft)

2,952 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

Exceptional investment opportunity: a fee-simple, single-tenant KFC restaurant in Lower Lake, CA (95457), at 9750 CA-53. This 2,952 square foot building, constructed in 2005 and renovated the same year, sits on a 0.81-acre lot and boasts 33 parking spaces. The property benefits from an absolute NNN lease with a remaining term of approximately 0.8 years, providing zero landlord responsibilities. The current lease, commencing September 1, 2013, and expiring August 31, 2025, includes attractive fixed rent increases of 12.5% every five years. The property's strong location on US Highway 53 offers excellent visibility and accessibility, situated conveniently near Lower Lake High School, Lower Lake Elementary School, and the Clear Lake Shopping Center (anchored by Walmart and Tractor Supply). The asking price is $1,690,000, representing a 6.29% cap rate and a price per square foot of $572.49. The property's strong tenant history, combined with the favorable lease terms and prime location, makes this a compelling investment opportunity. The property's zoning is commercial, and the current Net Operating Income (NOI) is $106,312. The lease includes a 10-year option. The property is offered as a 1031 exchange opportunity.

Location Insight

City

Lower Lake

County

Lake

State

California

Latitude

38.9121

Longitude

-122.612

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].