Burger King - cp.capitalpacific.com

Burger King

Freestanding Absolute NNN Colusa, CA1011 Bridge Street, Colusa, CA 95932

[ www.CapitalPacific.com ]

RentABle SF . . . . . . . . . . . . . . . 3,500 SF

PRiCe PeR SF . . . . . . . . . . . . . . . $685.71

lAnd AReA . . . . . . . . . . . . . . . 0.57 Acres

CuRRent Rent . . . . . . . . . . . . $34.29/SF

PRICE: $2,400,000CAP: 5.00%

Listing TeamContact Info

John [email protected] | (415) 274-2715CA BRE# 01440360

PROperty Summary

Capital Pacific collaborates. Click here to meet the rest of our San Francisco team.

Sean [email protected] | (503) 675-8378

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inveStment highlightS

Seasoned Burger king store with over 20 years of continuous operating history.

Drive-thru location.

Retailers in the immediate area include Rite Aid, Metro PCS, Wells Fargo, Auto Zone, Tri Counties Bank, and many others.

Over 13,000 VPD on Bridge Street.

tenAnt highlightS (See PAge 8 FoR moRe detAil)

Operates more than 12,000 restaurants in the u.S. and 85 additional countries.

#2 hamburger chain in the world.

oPeRAtoR/guARAntoR (See PAge 8 FoR moRe detAil)

Founded in 1976, J&A Food Service has over 40 restaurants spanning from Central Oregon to Southern California.

The J&A Food Service family of restaurant concepts includes Burger king, Marie Callender’s, Applebee’s, Logan’s Roadhouse, Spoon Me, View 202, Premier Catering and Cicada Cantina.

Strong net worth - contact agent for details.

leASe highlightS

15 year absolute net lease - zero landlord responsibilities.

Annual 1% rental increases.

Four 5-year options at 1% annual rental increases.

Rent to sales ratio of 8.28%.

core characteristics

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aerial

Brid

ge S

treet

lurline Avenue

10th

Stre

et

market Street

20

20

45

20

COLUSA GOLF AND COUNTRY CLUB

COLUSA COUNTY AIRPORT

James m. Burchfield elementary

george t. egling middle School

Colusa high School

TOWN & COUNTRY CENTER

SACRAMENTO

13,500 DA

ILY

loCAted on BRidge StReet, with tRAFFiC CountS exCeeding 13,500 vPd

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SUBjECT PROPERTY IS ADjACENT TO

TOWN & COUNTRY CENTER

photos

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PRICE $2,400,000 Price Per Square Foot: $685.71

Capitalization Rate: 5.00%

Total Rentable Area (SF): 3,500

Lot Size (AC): 0.57

STABILIZED INCOME Per Square FootScheduled Rent $34.29 $120,000

Effective gross income $34.29 $120,000

LESS Per Square FootTaxes nnn $0.00

insurance nnn $0.00

Total Operating Expenses nnn $0.00

EQUALS NET OPERATING INCOME $120,000

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

income & expense

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This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

rent roll

TENANT INFO LEASE TERMS RENT SUMMARY

Tenant name Sq. Ft. Term Current Rent Monthly Rent

Yearly Rent

MonthlyRent/FT

Yearly Rent/FT increases

Burger king 3,500 1 $120,000 $10,000 $120,000 $2.86 $34.29 1.00%

2 $10,100 $121,200 $2.89 $34.63 1.00%

3 $10,201 $122,412 $2.91 $34.97 1.00%

4 $10,303 $123,636 $2.94 $35.32 1.00%

5 $10,406 $124,872 $2.97 $35.68 1.00%

6 $10,510 $126,121 $3.00 $36.03 1.00%

7 $10,615 $127,382 $3.03 $36.39 1.00%

8 $10,721 $128,656 $3.06 $36.76 1.00%

9 $10,829 $129,943 $3.09 $37.13 1.00%

10 $10,937 $131,242 $3.12 $37.50 1.00%

11 $11,046 $132,555 $3.16 $37.87 1.00%

12 $11,157 $133,880 $3.19 $38.25 1.00%

13 $11,268 $135,219 $3.22 $38.63 1.00%

14 $11,381 $136,571 $3.25 $39.02 1.00%

15 $11,495 $137,937 $3.28 $39.41 1.00%

Totals: 3,500 $120,000 $10,000 $120,000 $2.86 $34.29

*tenant has four (4) 5-year options to renew at 1.0% annual increases

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ABout guARAntoR/FRAnChiSeeJ&A Food Service has been a pioneer in the franchise food service industry since CEO Joe Wong built his first restaurant in 1976. What started as one Burger king in the small town of Redding, CA, has since developed into a family of over 40 restaurants, spanning from Central Oregon to Southern California. The J&A Food Service family of restaurant concepts includes Burger king, Marie Callender’s, Applebee’s, Logan’s Roadhouse, Spoon Me, View 202, Premiere Catering, and Cicada Cantina.

in 2012, J&A Food Service branched out into developing its own concepts, beginning with an upscale casual restaurant, View 202. Formed next was J&A Food Service’s full-service catering company, Premiere Catering, followed by the modern Mexican concept, Cicada Cantina, in early 2013.

ABout BuRgeR KingBurger king operates the world’s #2 hamburger chain by sales (behind McDonald’s) with over 12,000 restaurants in the uS and more than 85 other countries serving over 11 million guests every day. The menu includes items such as the famous Whopper burger, chicken and beef sandwiches, salads, breakfast items, along with beverages, desserts, and sides. investment firm 3g Capital took the company privately in 2010 before taking it public again in mid-2012.

Lease is Guaranteed by 13 Burger King Units

tenant overview

www.BK.Com

2012 net inCome $11.7 million

2012 gRoSS Revenue$1.97 Billion

[ REPRESENTATIVE PHOTOs

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ColuSA, CA oveRview

Colusa is the seat of Colusa County and located northwest of the Sacramento Valley. The following major highways intersect the county: i-5, Highway 99, State Route 16, State Route 45 and State Route 20. The dominant industry in the county is agriculture with rice and almonds being the major crops and accounting for 59 percent of the total agricultural output.

Colusa is a destination for diverse outdoor recreational attractions and a paradise for sportsmen. Portions of five national protected areas are located within the county including Butte Sink Wildlife refuge, Colusa national Wildlife Refuge, Delevan national Wildlife Refuge, Mendocino national Forest, and Sacramento national Wildlife Refuge.

COLuSA

toP emPloyeRS in ColuSA CountyColusa Casino Resort Pacific gas & Electric Co Colusa Medical Center george T Egling Middle School

location & demographics

2015 HOUSEHOLD INCOMES

POPULATION1-Mile 3-Mile 5-Mile

2010 6,131 7,339 7,5932015 6,186 7,426 7,6872020 6,319 7,600 7,868

1-Mile 3-Mile 5-Mile

Average $63,478 $65,280 $65,466

SACRAMEnTO

YuBA CiTY

SAn FRAnCSiCO BAY AREA

32 Min24 MiLES

1 HR 6 Min65 MiLES

2 HR 10 Min121 MiLES DOWnTOWn

COLuSA

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A unique HUMANRESULTS-DRIVEN client experience

the CAPitAl PACiFiC exPeRienCe - ouR dAily Commitment to ouR ClientS

[ www.CapitalPacific.com ]

John [email protected] | (415) 274-2715 CA BRE# 01440360

[ Copyright © 2015 Capital Pacific LLC ]

Capital Pacific collaborates. Click here to meet the rest of our San Francisco team.

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SeAn [email protected] | (503) 675-8378