Muchas Gracias 10 Year Absolute NNN Investment
Retail | 6.52% CAP | 1,746 SqFt
Marketing description
Marcus & Millichap has been exclusively chosen to market Muchas Gracias in Sweet Home is a 1,746 SF quick-service restaurant situated on a 0.77 AC parcel along the city's primary commercial corridor, offering excellent visibility, multiple points of ingress and egress, ample on-site parking, and a convenient drive-thru configuration. The property also features excess land with the potential for additional development, providing an opportunity to accommodate more tenants or future expansion. Originally built in 1985 and extensively remodeled in 2025, the property features significant capital improvements including a brand-new roof and upgraded HVAC system, enhancing its long-term durability and operational efficiency. The asset is secured by an absolute NNN lease with a 10-year primary term, 2% annual rent escalations, and two additional five-year extension options, providing stable and predictable income growth. Ideally positioned near strong national and regional retailers such as Safeway, Dollar Tree, Bi-Mart, and McDonald's, the property benefits from consistent consumer traffic and a well-established retail synergy.
Investment highlights
- Situated along the main retail corridor in Sweet Home, the property benefits from excellent visibility and consistent daily traffic. Nearby national and regional retailers include Safeway, Dollar Tree, Bi-Mart, and McDonald's, driving strong consumer activity to the area.
- The asset is secured by a new 10-year absolute NNN lease, providing passive and predictable income for investors. Additional upside is created through 2% annual rent escalations and two five-year renewal options.
- Originally constructed in 1985, the property was comprehensively remodeled in 2025 with a brand-new roof and HVAC unit. The site also includes excess land with potential for future development and additional tenants, positioning the asset for long-term success with limited near-term capital needs.
- The property features a drive-thru configuration with multiple points of ingress and egress for smooth customer circulation. A large 0.77-acre parcel also provides ample on-site parking and flexibility for high-volume traffic.
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