Retail Property For Sale - Absolute Net POPEYE'S CHICKEN - Gresham, OR

1570 NE Division Street, Gresham, OR, 97030

 

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Absolute Net POPEYE'S CHICKEN - Gresham, OR

1570 NE Division Street, Gresham, OR 97030

Absolute Net POPEYE\'S CHICKEN - Gresham, OR
  • $1,549,000
  • 2,893 SF
  • $535.43
  • Retail
  • Restaurant
  • Net Lease Investment with 10+ years left on lease
  • 2.5%
  • 7.75%
  • 100%
  • Single
  • 23,817 SF
  • Find Out More...
Last Verified  10/7/2009 Listing ID  16259769

Description

NEW Absolute Net POPEYE'S CHICKEN in Gresham, Oregon. Brand new buidling in high-traffic suburb of PORTLAND, OREGON, 20 minutes from Downtown Portland. 20-year absolute net lease through 12/11/2028 with four (4) five-year renewal options. Rent increases 10% every five years. Well capitalized franchisee operates 130 restaurants in four states. Great passive income with no management responsibilities.

Located at the intersection of Division & Burnside across from SAFEWAY and RITE AID adjacent to McDONALD'S. Densely populated Portland suburb with 98,918 residents and 31,372 daytime employees within 3 miles.

Financial Summary

  • Actual
  • $120,000

Map of 1570 NE Division Street, Gresham, OR 97030 (Multnomah County)

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Created 6/1/2009

Additional Information for 1570 Ne Division Street, Gresham, OR 97030

  • Active For Sale - 2 Listings
  • Active For Lease - 0 Listing
  • Previously Listed - 1 Historic Listing
  • Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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