Listed by Monarch Commercial Advisors
$2,650,000
Absolute NNN QSR
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,240
Cap Rate 5.85%
NOI $155,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Remaining Term 10
Price per SqFt $1,183
Year Built 1999
Year Renovated 2025
Buildings 1
Stories 1
Acreage 1.150
Low Price Point QSR Leased to a Growing, Regional Chain
Marketing description
Strong traffic, proven co-tenancy, and built-in demand. This Frosty Queen drive-thru is strategically located along Highway 29 in Lakeport, positioned within a retail hub anchored by national brands including McDonald’s, Burger King, and Taco Bell. The property benefits from its proximity to Clear Lake tourism, local employment drivers, and steady commuter traffic, reinforcing its role as a go-to food destination. With an absolute NNN lease and an experienced regional operator, this asset offers long-term stability in a growing Northern California submarket.
Investment highlights
High-Visibility Location Along Highway 29
Absolute NNN Lease with Truly Passive Income
Established Regional Brand with Expansion Momentum
Essential Retail in a Supply-Constrained Market
Listing Contacts
Listed by Monarch Commercial Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$155,000.00
$12,916.67/mo
Valuation Metrics
0
DSCR
5.85%
Cap Rate
5.85%
ROI
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