This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

948 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Burger King 121 Ponderosa Dr

3,192 SF Retail Building Sutherlin, OR 97479 $2,617,224 CAD ($820 CAD/SF) 5.75% Cap Rate

Retail Space Oregon Sutherlin 121 Ponderosa Dr, Sutherlin, OR 97479

Investment Highlights

  • Long Term, 20-Year Lease that Commenced in June 2021 – Over 17 Years Remaining
  • Attractive Rental Increases of 1.50% Annually Beginning in Year 7
  • Absolute Triple-Net (NNN) Lease with Zero Landlord Responsibilities

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 121 Ponderosa Drive, Sutherlin, OR. The site consists of roughly 3,192 rentable square feet of building space on estimated 0.83 acres of land. This Burger King is subject to a 20-year absolute triple net (NNN) lease which commenced June 1st, 2021, and has over 17 years remaining. The base rent is $106,172 and will increase by 1.50% percent annually starting in year seven and continuing throughout the base term and into each of the four (4), five (5)-year tenant renewal option periods.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,192 SF
Building Class
C
Year Built
1998
Price
$2,617,224 CAD
Price Per SF
$820 CAD
Cap Rate
5.75%
NOI
$150,490 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
0.83 AC
Zoning
C
Frontage
142 ft on Ponderosa Dr

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Drive Thru
1 of 1
121 Ponderosa Dr, Sutherlin, OR - aerial map view

PROPERTY TAXES

Parcel Number R46874 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $1,374,459 CAD

PROPERTY TAXES

Parcel Number
R46874
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,374,459 CAD
(332) 345-4222

  • Listing ID: 30367431

  • Date on Market: 2023-12-14

  • Last Updated:

  • Address: 121 Ponderosa Dr, Sutherlin, OR 97479

The Retail Property at 121 Ponderosa Dr, Sutherlin, OR 97479 is currently available For Sale. Contact NNN Pro Group for more information.

Nearby Listings

1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/3
121 Ponderosa Dr, Sutherlin, OR for sale Building Photo- Image 1 of 3
BK_121PonderosaDr_SutherlinOR_main
121 Ponderosa Dr, Sutherlin, OR for sale Aerial- Image 2 of 3
BK_121PonderosaDr_SutherlinOR_aerial

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Burger King | 121 Ponderosa Dr
(332) 345-4222 x

Burger King | 121 Ponderosa Dr

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Edward Otocka

(332) 345-4217

(332) 345-4217

Amelia Haydock

(332) 345-2408

(332) 345-2408

Robert Stein

(332) 345-2408

(332) 345-2408

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link