This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Carl's Jr. 12260 State Highway 33

5,375 SF Retail Building Santa Nella, CA 95322 $3,086,772 ($574/SF) 5% Cap Rate

Investment Highlights

  • Absolute NNN Lease: ± 5 YRS remain w/ 3-5 YR options to renew
  • Corporate Lease Guaranty
  • Rest Stop Mecca & Transportation Hub
  • Rent Increases: CPI every 5 YRS (max 10%)
  • Fee Simple Ownership (land & building)

Executive Summary

NNN Lease Provides a Passive Investment and Income
• Tenant operates under an absolute NNN lease with no landlord responsibilities whatsoever, insulating a buyer from potential increases in capital expenditures and operating expenses.
Durable Cash Flow and Fixed Rent Increases
• With over 5 years remaining on the lease, and CPI rent increases every 5 years (max 10%), this provides a future owner with additional cash flow and return on investment, along with a protection against inflation.
Corporate Tenant with Long-Term Track Record
• Carl’s Jr. has successfully operated at this same location for over 35 years since the property was built in 1989. As of 2010, Carl’s Jr. extended the lease for another 20 years with multiple options to renew the lease, which further demonstrates their commitment to this location.
Strategic Location
• Located near an entrance and exit of Interstate 5, which is the main north-south interstate that serves California , and on the western edge of California’s Central Valley, Carl’s Jr. benefits from prominent visibility, excellent ingress and egress, strong traffic volumes, and a local trade area that provides demand and synergy.
Rest Stop Mecca and Transportation Hub
• Since the days of the Spanish missions, stagecoaches, and gold rush, Santa Nella has been a major rest stop mecca and transportation hub for travelers. Few places along Interstate 5 offer the overwhelming roadside accommodations, such as truck stops, gas stations, restaurants, and hotels, that can be found in the small town of Santa Nella.
E-Commerce and Recession-Resistant Tenant
• QSR properties are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,375 SF
Building Class
C
Year Built
1989
Price
$3,086,772
Price Per SF
$574
Cap Rate
5%
NOI
$154,338
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.30 AC
Parking
100 Spaces (18.6 Spaces per 1,000 SF Leased)
Frontage
242 FT on State Hwy 33

Amenities

  • 24 Hour Access
  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Founded in 1941, Carl's Jr. has been a West Coast favorite for many years, known for their iconic charbroiled burgers. Today, Carl's Jr. has many locations across the U.S. and serves many countries worldwide.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum Jan 0000

Nearby Major Retailers

Denny's
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
070-230-022
Land Assessment
$1,365,392
Improvements Assessment
$1,586,812
Total Assessment
$2,952,204
  • Listing ID: 34178388

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: 12260 State Highway 33, Santa Nella, CA 95322

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}