Carl's JR | 502 W Tefft St
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Carl's JR 502 W Tefft St
2,127 SF Retail Building Nipomo, CA 93444 $2,350,000 ($1,105/SF) 5% Cap Rate
Executive Summary
Absolute Triple Net Lease with Carl's JR - Corporate Signature.
Beautiful central coast location. Pad Site to a grocery anchored shopping center ( VONS ). Surrounded by national brand Tenants.
Heavily traveled W Tefft Street (21500 ADT) with easy access to HWY 101 ( 60000 ADT ) provided a continuing stream of customers to this Drive-Thru enhanced location. Tenant has exercised the first of 3 - 5 year options showing a strong commitment to this site.
Beautiful central coast location. Pad Site to a grocery anchored shopping center ( VONS ). Surrounded by national brand Tenants.
Heavily traveled W Tefft Street (21500 ADT) with easy access to HWY 101 ( 60000 ADT ) provided a continuing stream of customers to this Drive-Thru enhanced location. Tenant has exercised the first of 3 - 5 year options showing a strong commitment to this site.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,127 SF
Year Built
2003
Price
$2,350,000
Price Per SF
$1,105
Cap Rate
5%
NOI
$117,500
Tenancy
Single
Building Height
1 Story
Amenities
- Drive Thru
Nearby Major Retailers
-
Tim Brinton -
Coldwell Banker Commercial Realty
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Carl's JR | 502 W Tefft St
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