40 Northwest Burnside Road

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40 Northwest Burnside Road

Gresham, OR 97030
Asking Price
Contact for price
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Absolute NNN Ground Lease with a Double Drive-Thru | Brand-New 15-Year Corporate-Guaranteed Lease <ul><li>​Raising Cane’s Chicken Fingers – Absolute NNN Ground Lease</li></ul><p>– New 15-year corporate-guaranteed lease with 10% rental increases every 5 years</p><p>– Oversized 1.8 acre parcel; double-drive thru location</p><p>– Only drive-thru format Raising Cane’s in Oregon; 2nd overall location in the state</p><p>– Raising Cane’s posted $5.1 billion in systemwide sales in 2024, up 33% year-over-year, with samestore</p><p>sales increasing 15%</p><p>– #2 average unit volume in fast food: aver

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times