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9750 Highway 53 - Long John Silver's & KFC, Lower Lake, CA
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9750 Highway 53 - Long John Silver's & KFC
Lower Lake, CA 95457
.81 AC (35,284 SF)
For Sale Price:
This location has operated as a KFC and Long John Silver' s since it was constructed in 2005. The rent-to-sales ratio at this property is healthy, at approximately 8.5 percent. The strong sales volume creates additional revenue for the landlord through percentage rent. There are approximately 9.5 years remaining on the lease.
Twelve and a half percent rental increases every five years in addition to percentage rent should allow the income stream generated from the subject property to keep pace with inflationary pressure. This property offers
investors an opportunity to own a hassle-free, triple-net property with a long-term lease in a proven Northern California location.
CLICK HERE TO CONTACT THE SALES BROKER
FOR SALE CONTACTS
Marcus & Millichap Inc
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