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NNN Carl's Jr | Santa Nella CA 12260 State Highway 33 5,375 SF Retail Building Gustine, CA 95322 $3,555,669 CAD ($661.52 CAD/SF) 5.95% Cap Rate



Investment Highlights
- ABSOLUTE NNN LEASE STRUCTURE: The absolute triple net lease provides truly passive ownership with zero landlord obligations
- CORPORATE GUARANTEED TENANT: Carl's Jr, operated by CKE Restaurants Holdings, has over 4,000 locations globally
- ICONIC TOURIST DESTINATION: Santa Nella is famous as the home of Pea Soup Andersen’s and the sought-out historic Hotel Mission De Oro Resort
- LONG OPERATING HISTORY SINCE 1989: This location has successfully operated for over three decades, a community staple within Santa Nella
- STRATEGIC HIGHWAY LOCATION: Positioned just off Interstate 5, this busy travel stop serves the 46,000 vehicles per day traveling this corridor
- OVERSIZED PARCEL WITH ON-SITE EV CHARGERS: The 2.3 acre lot provides potential for future pad development and is set to have 4 on-site EV chargers
Executive Summary
This offering presents a truly passive investment opportunity featuring an absolute triple net lease with zero landlord responsibilities and a long operating history dating back to 1989, demonstrating the property’s stability as a community staple within Santa Nella and a consistent stop for regional travelers. The site is leased to Carl's Jr., a nationally recognized brand operated by CKE Restaurants Holdings Inc. with more than 4,000 locations worldwide, providing strong corporate guarantee. Strategically positioned just off Interstate 5, one of California’s primary north–south corridors carrying over 46,000 vehicles daily between Los Angeles and San Francisco, the property benefits from exceptional visibility and travel demand. Carl's has recently subleased a portion of their parking lot to have 4 brand new electric vehicle charging stalls to act as an additional draw for customers. The location is also enhanced by its proximity to iconic roadside attractions including Pea Soup Andersen’s and Hotel Mission De Oro, reinforcing its position within a well-known tourist stop, while the expansive 2.3-acre parcel offers additional long-term upside through potential pad development or EV charging infrastructure.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
5,375 SF
Building Class
C
Year Built
1989
Price
$3,555,669 CAD
Price Per SF
$661.52 CAD
Cap Rate
5.95%
NOI
$211,475 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.30 AC
Zoning
C2
Parking
100 Spaces (18.6 Spaces per 1,000 SF Leased)
Frontage
242’ on State Hwy 33
Amenities
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- -
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Lorem Ipsum
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Jan 0000
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 Type | Lease End | |
|
Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 070-230-022 | Improvements Assessment | $2,216,391 CAD |
| Land Assessment | $1,907,120 CAD | Total Assessment | $4,123,511 CAD |
Property Taxes
Parcel Number
070-230-022
Land Assessment
$1,907,120 CAD
Improvements Assessment
$2,216,391 CAD
Total Assessment
$4,123,511 CAD
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NNN Carl's Jr | Santa Nella CA | 12260 State Highway 33
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