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Carl's Jr 14080 Francisquito Ave 3,218 SF Retail Building Baldwin Park, CA 91706 $5,473,600 CAD ($1,700.93 CAD/SF) 5% Cap Rate



Investment Highlights
- Long-Term Sale Leaseback
- Zero Landlord Responsibilities
- Strategic Retail Location
- Attractive Rent Increases
- Strong Operator
- High Traffic Counts
Executive Summary
Horvath & Tremblay is pleased to present the exclusive sale of a single tenant Carl’s Jr. investment property located at 14080 Francisquito Avenue in Baldwin Park, California (the “Property”). The Property consists of a single-story, 3,218 square-foot building with a 24-hour drive-thru on 0.87 acres. Carl’s Jr. will sign a new 20-year Absolute NNN Lease with two (2), 5-year renewal options at the close of escrow. The lease features attractive 10% rent increases every five years throughout the primary lease and at the start of each renewal option. Carl’s Jr. is strategically located at the signalized intersection of Francisquito Avenue and Puente Avenue, two of the area’s primary commercial and commuter corridors. The Property enjoys outstanding frontage and visibility and is convenient to national and local retailers and restaurants that drive consistent customer traffic to the area. The location offers excellent accessibility to dense residential neighborhoods, five area high schools, Kindred Hospital Baldwin Park, and Kaiser Permanente Baldwin Park Medical Center, ensuring a built-in and captive customer base. In addition, the site’s connectivity to Interstates 10 and 605 provide convenient access for both local residents and regional commuters.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,218 SF
Building Class
B
Year Built
1989
Price
$5,473,600 CAD
Price Per SF
$1,700.93 CAD
Cap Rate
5%
NOI
$273,680 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.67 AC
Zoning
C2, Baldwin Park
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Fondé en 1941, Carl's Jr. est un favori de la côte Ouest depuis près de 80 ans, connu pour ses hamburgers emblématiques. aujourd'hui, ils ont plus de 1 000 emplacements aux États-Unis et dessert 28 pays à travers le monde.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Accommodation and Food Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 8558-006-029 | Improvements Assessment | $630,694 CAD |
| Land Assessment | $769,140 CAD | Total Assessment | $1,399,834 CAD |
Property Taxes
Parcel Number
8558-006-029
Land Assessment
$769,140 CAD
Improvements Assessment
$630,694 CAD
Total Assessment
$1,399,834 CAD
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Carl's Jr | 14080 Francisquito Ave
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