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Dave's Hot Chicken Springfield 1572 Mohawk Blvd 2,915 SF Retail Building Springfield, OR 97477 $3,982,300 ($1,366.14/SF) 5.65% Cap Rate
Investment Highlights
- New Construction
- 20 year absolute NNN Lease
- Strong sales
Executive Summary
NNNet Advisors is pleased to offer the opportunity to acquire a Single Tenant Net Leased Investment located in Springfield, Oregon. This
is a newly constructed Dave’s Hot Chicken. The Seller/Operator is the #1 Dave’s Franchisee in the system with over 10 stores open
and/or in development in Oregon and SW Washington. The Franchisee is very well established as a multi-unit Franchisee of Carl’s Jr.,
Jersey Mike’s, The Human Bean and Hawaiian Bros with over 100 units in operation. The investment will commence with a new 20 year
triple net lease at closing. The site benefits from excellent visibility and frontage on the corner of Mohawk Blvd. and 17th Street. The
property is surrounded by dense residential population in the main retail hub of eastern Springfield trade area.
is a newly constructed Dave’s Hot Chicken. The Seller/Operator is the #1 Dave’s Franchisee in the system with over 10 stores open
and/or in development in Oregon and SW Washington. The Franchisee is very well established as a multi-unit Franchisee of Carl’s Jr.,
Jersey Mike’s, The Human Bean and Hawaiian Bros with over 100 units in operation. The investment will commence with a new 20 year
triple net lease at closing. The site benefits from excellent visibility and frontage on the corner of Mohawk Blvd. and 17th Street. The
property is surrounded by dense residential population in the main retail hub of eastern Springfield trade area.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,915 SF
Building Class
B
Year Built
2025
Price
$3,982,300
Price Per SF
$1,366.14
Cap Rate
5.65%
NOI
$225,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.75 AC
Zoning
Commercial
Amenities
- Corner Lot
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0207645 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $152,571 |
Property Taxes
Parcel Number
0207645
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$152,571
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Dave's Hot Chicken Springfield | 1572 Mohawk Blvd