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Absolute NNN QSR 1135 Lakeport Blvd 2,240 SF Retail Building Lakeport, CA 95453 $3,685,037 CAD ($1,645.11 CAD/SF) 5.75% Cap Rate
Investment Highlights
- High-Visibility Location Along Highway 29
- Established Regional Brand with Expansion Momentum
- Absolute NNN Lease with Truly Passive Income
- Essential Retail in a Supply-Constrained Market
Executive Summary
Strong traffic, proven co-tenancy, and built-in demand. This Frosty Queen drive-thru is strategically located along Highway 29 in Lakeport, positioned within a retail hub anchored by national brands including McDonald’s, Burger King, and Taco Bell. The property benefits from its proximity to Clear Lake tourism, local employment drivers, and steady commuter traffic, reinforcing its role as a go-to food destination. With an absolute NNN lease and an experienced regional operator, this asset offers long-term stability in a growing Northern California submarket.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,240 SF
Building Class
C
Year Built/Renovated
1999/2026
Price
$3,685,037 CAD
Price Per SF
$1,645.11 CAD
Cap Rate
5.75%
NOI
$211,890 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.15 AC
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Frosty Queen
- Retailer
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Frosty Queen | Retailer | - | - | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 005-043-260-000 | Improvements Assessment | $880,684 CAD |
| Land Assessment | $500,039 CAD | Total Assessment | $1,380,724 CAD |
Property Taxes
Parcel Number
005-043-260-000
Land Assessment
$500,039 CAD
Improvements Assessment
$880,684 CAD
Total Assessment
$1,380,724 CAD
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Absolute NNN QSR | 1135 Lakeport Blvd
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