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966 DANA DR
REDDING, CA 96003
Asking Price
$4.00M
Cap Rate
4.25%
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 4.25% CAP | 2,500 SqFt <p></p><ul><li><span style="color: rgba(0, 30, 69, 1)">Corporate Backed Absolute Net Ground Lease. Recent 10-Year Lease Extension - 20+ Year Historical Occupancy Demonstrating a Strong Commitment to the Location. Ranked Top 8% in Chain Nationwide.</span></li><li><span style="color: rgba(0, 30, 69, 1)">Positioned Along Area’s Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 35k Vehicles. Immediate Access to/from Intersta
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NOI
$80,000
Cap Rate
2.00%
DSCR
0.34
Underwater
Cash-on-Cash
-13.12%
Monthly Payment
$19,770.028
Annual Cash Flow
$-157,240.332
