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915 Campbell St
Baker City, OR 97814
Taco Time - Baker City · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Taco Time has operated at this location for 33 years
- 8+ years of firm lease term
- NNN lease with minimal landlord responsibilities
- Healthy rent/sales ratio
EXECUTIVE SUMMARY
Kidder Mathews is pleased to present the opportunity to acquire a single-tenant net leased Taco Time located in Baker City, Oregon.
Taco Time has operated at this build-to-suit location for 33 years and has a loyal customer base in the area. This opportunity features a NNN lease with 8 years of firm term remaining, providing minimal landlord responsibilities and stable base rental income with additional percentage rent income upside.
Taco Time has operated at this build-to-suit location for 33 years and has a loyal customer base in the area. This opportunity features a NNN lease with 8 years of firm term remaining, providing minimal landlord responsibilities and stable base rental income with additional percentage rent income upside.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
1,601 SF
Building Class
B
Year Built
1992
Price
$1,328,000
Price Per SF
$829.48
Cap Rate
5.50%
NOI
$73,040
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.46 AC
Zoning
CG
Frontage
200’ on Campbell St
AMENITIES
- Restaurant
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 001232 | Improvements Assessment | $183,332 |
| Land Assessment | $198,665 | Total Assessment | $381,997 |
PROPERTY TAXES
Parcel Number
001232
Land Assessment
$198,665
Improvements Assessment
$183,332
Total Assessment
$381,997
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