Carl's Jr. | 56335 Mojave Pointe Rd
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Carl's Jr. 56335 Mojave Pointe Rd
3,428 SF 4-Star Retail Building Baker, CA 92309 $1,697,000 ($495/SF) 7.80% Cap Rate
Executive Summary
* International Brand - 100% leased to an established and iconic American fast-food tenant - Carl’s Jr.
* Absolute NNN Lease – The property is subject to an Absolute NNN Lease, the most hands-off form of real estate investment with the tenant responsible for direct payment of all operating expenses
*High-Quality, Newer Construction Drive-Thru Building – High-quality, purpose-built property constructed specifically for Carl’s Jr.’s occupancy in 2010, limiting any deferred maintenance and the need for any near-term capital improvements
* Strategic Freeway Location with Exceptional Visibility – The property is located along the primary artery between Southern California and Las Vegas at the I-15 freeway (±37,900 CPD) and SR-127 (Death Valley Road) junction. Carl’s Jr benefits from its clear visibility and significant monument signage along the I-15 freeway
*Baker is an iconic stopping point to and from Las Vegas, with famous attractions such as The World’s Tallest Thermometer and Alien Fresh Jerky
*Vital Stopping Point – The property is a “last chance” stopping point for travelers. To the south, the closest gas station is 13 miles away and the closest food is 40 miles away in Harvard, CA. To the north, the closest gas station is 27 miles away and the closest food is 50 miles away in Primm, NV
* Absolute NNN Lease – The property is subject to an Absolute NNN Lease, the most hands-off form of real estate investment with the tenant responsible for direct payment of all operating expenses
*High-Quality, Newer Construction Drive-Thru Building – High-quality, purpose-built property constructed specifically for Carl’s Jr.’s occupancy in 2010, limiting any deferred maintenance and the need for any near-term capital improvements
* Strategic Freeway Location with Exceptional Visibility – The property is located along the primary artery between Southern California and Las Vegas at the I-15 freeway (±37,900 CPD) and SR-127 (Death Valley Road) junction. Carl’s Jr benefits from its clear visibility and significant monument signage along the I-15 freeway
*Baker is an iconic stopping point to and from Las Vegas, with famous attractions such as The World’s Tallest Thermometer and Alien Fresh Jerky
*Vital Stopping Point – The property is a “last chance” stopping point for travelers. To the south, the closest gas station is 13 miles away and the closest food is 40 miles away in Harvard, CA. To the north, the closest gas station is 27 miles away and the closest food is 50 miles away in Primm, NV
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,428 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2010
Price
$1,697,000
Price Per SF
$495
Cap Rate
7.80%
NOI
$132,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.95 AC
Zoning
RC - Commercial
Parking
31 Spaces (9.04 Spaces per 1,000 SF Leased)
Frontage
127 FT on Mojave Pointe
Amenities
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Monument Signage
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 0544-312-19 | Improvements Assessment | $1,999,200 |
| Land Assessment | $499,800 | Total Assessment | $2,499,000 |
PROPERTY TAXES
Parcel Number
0544-312-19
Land Assessment
$499,800
Improvements Assessment
$1,999,200
Total Assessment
$2,499,000
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Carl's Jr. | 56335 Mojave Pointe Rd
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