Carl's Jr. NNN Investment - Ontario, CA | 1445 N Mountain Ave
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Carl's Jr. NNN Investment - Ontario, CA 1445 N Mountain Ave
3,625 SF Retail Building Ontario, CA 91762 $3,855,000 ($1,063/SF) 4.15% Cap Rate
Investment Highlights
- Large Carl's Jr. franchisee with 250+ units
- Less than 1 mile from the I-10 freeway
- Strong demographics with average household income of over $81,000 in a two mile radius
- Located in a dense retail thoroughfare
- Long Term stable income stream
- Surrounded by national retailers such as Wal-Mart, Raising Cane’s, Sonic, Starbucks, etc.
Executive Summary
Kidder Mathews is pleased to present an Exclusive Investment Offering for a freestanding single-tenant building with a drive-thru leased to Akash Restaurants LLC, a 250+ unit Carl’s Jr franchisee (“Tenant”) at 1445 N Mountain Ave, Ontario, CA 91762 (“Property”).
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,625 SF
Building Class
B
Year Built
1960
Price
$3,855,000
Price Per SF
$1,063
Cap Rate
4.15%
NOI
$159,983
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.73 AC
Zoning
C-3, Ontario
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Walk Score ®
Very Walkable (82)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1008-431-17 | Improvements Assessment | $2,616,300 |
Land Assessment | $1,137,300 | Total Assessment | $3,753,600 |
PROPERTY TAXES
Parcel Number
1008-431-17
Land Assessment
$1,137,300
Improvements Assessment
$2,616,300
Total Assessment
$3,753,600
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Carl's Jr. NNN Investment - Ontario, CA | 1445 N Mountain Ave
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