410 Lake StMount Shasta, CA 96067

Property Details for 410 Lake St

Lot size

0.92 AC

Property size (Sq ft)

3,287 SF

Property type

Retail properties

Description

This exceptional investment opportunity presents a single-tenant, 3,287 square foot Burger King located at 410 W Lake St, Mount Shasta, CA 96067. The property sits on a 0.92-acre lot and operates under a highly desirable absolute NNN lease, providing a passive investment with minimal landlord responsibilities. The current tenant, Norcal Co-Brands, Inc., a well-established Burger King franchisee, ensures consistent income and minimal management overhead. The property boasts 100% occupancy and generates a strong net operating income (NOI) of $97,526, resulting in an attractive 5.15% cap rate. The asking price is $1,894,000. This prime location at the base of Mount Shasta benefits from significant tourist traffic drawn to the area's renowned camping, hiking, and outdoor recreation opportunities. The single-story building offers a straightforward investment with excellent potential for long-term growth and stable returns. This is a rare chance to acquire a well-performing, low-maintenance commercial property in a desirable Northern California location. The property's strong tenant, favorable lease terms, and prime location make it an ideal addition to any investment portfolio. The property is situated in Siskiyou County.

Location Insight

City

Mount Shasta

County

Siskiyou

State

California

Latitude

41.3114

Longitude

-122.317

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