Wendy's | 1803 Fort Jones Rd
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Wendy's 1803 Fort Jones Rd
2,860 SF 100% Leased Retail Building Yreka, CA 96097 $2,993,310 CAD ($1,047 CAD/SF) 4.75% Cap Rate
Investment Highlights
- New 2024 Construction
- Located in Yreka, CA - The County Seat of Siskiyou County
- Regional Demand Generators
- Corporate NNN Lease
- Proximity to I-5 and national retailers
Executive Summary
The subject property is being remodeled with high-quality materials and modern design elements to align with Wendy’s latest prototype. Operating under an absolute NNN lease that covers both the building and the land, this property offers an ideal passive investment. Strategically located near a regional shopping center that caters to communities extending far beyond Yreka’s city limits. Surrounding retailers include major national brands such as Walmart, Tractor Supply Co., Starbucks, Raley’s, Harbor Freight Tools, McDonald’s, and Carl’s Jr. The subject property enjoys a prime location along US Interstate 5, the major freeway that spans from the Canadian to the Mexican border. Its strategic positioning makes it a convenient stop for travelers heading to the region’s renowned recreational destinations.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,860 SF
Building Class
C
Year Built/Renovated
2000/2024
Price
$2,993,310 CAD
Price Per SF
$1,047 CAD
Cap Rate
4.75%
NOI
$142,182 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.76 AC
Zoning
CT
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 062-161-080 | Improvements Assessment | $929,677 CAD |
| Land Assessment | $729,816 CAD | Total Assessment | $1,659,493 CAD |
PROPERTY TAXES
Parcel Number
062-161-080
Land Assessment
$729,816 CAD
Improvements Assessment
$929,677 CAD
Total Assessment
$1,659,493 CAD
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Wendy's | 1803 Fort Jones Rd
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