About This Restaurant
Investment Highlights
Tremendous Street Traffic Absolute Triple Net- Tenant pays all operating & capital expenses Carl?s Jr. is ranked high in Entrepreneur?s top 500 Franchises Great Freeway Visibility Home to the World?s Tallest Thermometer
Executive Summary
Berkshire Hathaway HS Ca Properties is pleased to offer an opportunity to purchase a Carl?s Jr. property in the City of Baker, Ca. The property is an Absolute Triple Net lease with over SIX (6) years remaining (Exp. June 2030). In 2025 the lease calls for a 5% increase. Two , 10 year options are also written into the lease. The property is virtually the last stop location for travelers, and has been utilized as a resting stop for those visiting and exiting Las Vegas, as well as the Mojave National Preserve. Baker is well known for being the home to the World?s Tallest Thermometer.
Property Details
- Sale Type Investment NNN
- Sale Condition 1031 Exchange
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Restaurant Fast Food
- Building Size 3,428
- Building Class A
- LoopNet Rating 4 Star
- Year Built 2010
- Price 1,695,000
- Price Per SF 494
- Cap Rate 7.35
- NOI 124,583
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.08
- Land Acres 0.95 AC
Amenities
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Monument Signage
Property Taxes
| Parcel Number | 0544-312-19 | Improvements Assessment | $490,000 |
| Land Assessment | $1,960,000 | Total Assessment | $2,450,000 |
| Date Created: | 2024-07-16 04:09:24 | Last Updated: | 2024-07-16 04:09:24 |
| Address: | 56335 Mojave Pointe Rd , Baker, California, 92309 | ||