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Restaurant

Burger King | Outside Portland | 6% CAP | 20 Year Absolute Net Lease | Brand New 2023 Construction

405 N Columbia River Hwy, St. Helens (Outside Portland), OR 97051

Listing Price: $3,000,000

Cap Rate
6.00%
Tenant Name
Burger King
Years Remaining On Lease
20.0
Gross SF
1,937
Guarantor
Corporate Guarantee
Rentable SF
1,937
Price/Gross SF
$1,548.79
Lease Type
Absolute Net
Rent Per Square Feet
$92.93

Investment Overview

St. Helens is the county seat of Columbia County, Oregon. It was founded by Captain Henry Montgomery Knighton, a native of New England, in 1845, as “Plymouth”. The name was changed to St. Helens in the latter part of 1850 for its view of Mount St. Helens, roughly 39 miles away in Washington. The city is about 28 miles northwest of Portland. St. Helens, a picturesque city, is known for its stunning natural beauty and rich history. Located along the banks of the Columbia River, this charming community offers breathtaking views of the waterway and nearby Mount St. Helens. The City boasts a historic downtown district with well-preserved 19th-century architecture, offering a glimpse into its past. The city is also famous for its role in the 1986 film “Short Circuit” and its annual Halloweentown celebration, inspired by the Disney Channel movie series. Outdoor enthusiasts can explore the nearby Columbia River Gorge for hiking and water-based activities, while the town’s friendly atmosphere and small-town charm make it a delightful place to visit or call home.

Investment Highlights

  • 20 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2023 High Quality Construction w/ Drive-Thru.
  • Positioned Along Area's Traffic & Retail Corridor - Features Easy Access & Excellent Visibility Along St. Helen's Main Road w/ Daily Combined Traffic Counts Exceeding 19k Vehicles.
  • This Franchisee is often Regarded as One of the Best Operators within the BKC System and has been Chosen to give talks at their National and Regional Conferences on Operational Success.
  • In Close Proximity to Numerous National Retailers including Walmart, Safeway, Walgreens, Rite Aid, Grocery Outlet, Ace Hardware and many more.
  • Directly Across from St. Helens Jr High School and near numerous other, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
  • Affluent Area: Features an Average Household Income of more than $86k within a 3-Mile Radius.

Exclusively Listed By

Broker of Record

  • David Tabata

    Regional Manager

    (503) 200-2000

    License(s) OR: 201224889

    Oregon

Financing By

Restaurant

Burger King | Outside Portland | 6% CAP | 20 Year Absolute Net Lease | Brand New 2023 Construction

Listing Price: $3,000,000

Cap Rate
6.00%
Tenant Name
Burger King
Years Remaining On Lease
20.0
Gross SF
1,937
Guarantor
Corporate Guarantee
Rentable SF
1,937
Price/Gross SF
$1,548.79
Lease Type
Absolute Net
Rent Per Square Feet
$92.93

Investment Highlights

  • 20 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2023 High Quality Construction w/ Drive-Thru.
  • Positioned Along Area's Traffic & Retail Corridor - Features Easy Access & Excellent Visibility Along St. Helen's Main Road w/ Daily Combined Traffic Counts Exceeding 19k Vehicles.
  • This Franchisee is often Regarded as One of the Best Operators within the BKC System and has been Chosen to give talks at their National and Regional Conferences on Operational Success.
  • In Close Proximity to Numerous National Retailers including Walmart, Safeway, Walgreens, Rite Aid, Grocery Outlet, Ace Hardware and many more.
  • Directly Across from St. Helens Jr High School and near numerous other, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
  • Affluent Area: Features an Average Household Income of more than $86k within a 3-Mile Radius.

Investment Overview

St. Helens is the county seat of Columbia County, Oregon. It was founded by Captain Henry Montgomery Knighton, a native of New England, in 1845, as “Plymouth”. The name was changed to St. Helens in the latter part of 1850 for its view of Mount St. Helens, roughly 39 miles away in Washington. The city is about 28 miles northwest of Portland. St. Helens, a picturesque city, is known for its stunning natural beauty and rich history. Located along the banks of the Columbia River, this charming community offers breathtaking views of the waterway and nearby Mount St. Helens. The City boasts a historic downtown district with well-preserved 19th-century architecture, offering a glimpse into its past. The city is also famous for its role in the 1986 film “Short Circuit” and its annual Halloweentown celebration, inspired by the Disney Channel movie series. Outdoor enthusiasts can explore the nearby Columbia River Gorge for hiking and water-based activities, while the town’s friendly atmosphere and small-town charm make it a delightful place to visit or call home.

Exclusively Listed By

Broker of Record

  • David Tabata

    Regional Manager

    (503) 200-2000

    License(s): OR: 201224889

    Oregon

Financing By

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