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Carl's Jr. 100 N Walnut Rd 4,117 SF Retail Building Turlock, CA 95380 $2,448,148 CAD ($594.64 CAD/SF) 4.75% Cap Rate
Investment Highlights
- Below-market rent at $82,800/yr — strong security with clear room for rental growth
- Corporate-level credit backed by CKE / Roark Capital with $33B+ AUM
- 40+ years of proven operating history at this location since 1983
- Absolute NNN lease — tenant pays taxes, insurance, CAM, roof, and structure
- Freestanding drive-thru on Highway 99 off-ramp corner with ±83,000 VPD
- Established corridor with Costco, Home Depot, Target, Kohl's, and Dick's nearby
Executive Summary
Broker Of Record
David Harrington
Matthews Real Estate Investment Services, Inc
01320460, 02168060 (CA)
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550
David Harrington
Matthews Real Estate Investment Services, Inc
01320460, 02168060 (CA)
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,117 SF
Building Class
B
Year Built
1983
Price
$2,448,148 CAD
Price Per SF
$594.64 CAD
Cap Rate
4.75%
NOI
$116,298 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.49 AC
Parking
30 Spaces (7.29 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
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. Their quality products, modern restaurant design, and experienced international team are a winning combination that drives their consistent growth.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 089-15-10 | Improvements Assessment | $1,309,405 CAD |
| Land Assessment | $1,099,748 CAD | Total Assessment | $2,409,153 CAD |
Property Taxes
Parcel Number
089-15-10
Land Assessment
$1,099,748 CAD
Improvements Assessment
$1,309,405 CAD
Total Assessment
$2,409,153 CAD
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Carl's Jr. | 100 N Walnut Rd
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