1500 Anna Sparks Way
$1,500,000
1500 Anna Sparks Way McKinleyville, CA 95519
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About this listing
Passive Income Special! Invest in your financial future with this property, boasting a fresh 15-year Mountain Mike's Pizza lease with a personal guarantee. Enjoy stability and growth with the 15-year lease, two 5-year options, and a $250 monthly rent upsurge, plus rent bumps of 6% on all sales over $100,000 per month (first month $155k in sales). Benefit from rising rent alongside increased store revenue and potential EV income. Offset property tax hikes with the owner's carry option. Gain peace of mind with Four Individuals' Personal Guaranty of Lease and a Franchise Addendum. Seize the opportunity - call now!
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Building Size
4,975 sqft
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Lot Area
1.22 acres
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Year Built
1996
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Zoning
CS: Commercial Services
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MLS ID
263897
DESCRIPTION
- • Age: 21-30 Years Old
- • Lot Size: 1-2 Acres
