1006 CHETCO AVE, Brookings, OR 97415
- $950,000
- 1,762
- SqFt
- List Price
- $950,000
Property Description
Rare NNN investment opportunity with premier Highway 101 frontage in Brookings, OR! Fully leased to a national QSR tenant, an established operator in place since 2022, with the lease extended through 2037 plus four 5-year renewal options and 3% rent escalations at each renewal. Tenant reimburses 100% of taxes, insurance, and utilities—true low-management ownership. Landlord responsibilities are limited to roof/structure/exterior; the tenant covers interior repairs, HVAC maintenance, and janitorial. Well-maintained building, ready for new ownership with no deferred maintenance. Excellent visibility and traffic exposure on one of Brookings' most-traveled corridors. Perfect for 1031 exchange buyers or investors seeking stable, predictable cash flow. Call for more information!
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Listing courtesy of Century 21 Agate Realty/Gold.
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