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Carl's Jr. 6460 Redwood Dr 3,414 SF Retail Building Rohnert Park, CA 94928 $3,515,194 CAD ($1,029.64 CAD/SF) 6% Cap Rate


INVESTMENT HIGHLIGHTS
- Long Term Corporate NNN Lease with ~6 Years Remaining: No landlord responsibilities
- Adjacent to Highly-Trafficked US-101 in Sonoma County (108,000 ADT)
- Built-In Customer Base in Highly Desirable Rohnert Park: In proximity to schools, commercial space, residential neighborhoods, and attractions
- Established, Long Term Operating History: Operating at this location for 40 years with previous extensions exercised
- Convenient Location within a Dense Retail Corridor: Surrounded by Target, Costco, FoodMaxx, PetSmart, Starbucks, Panda Express, and more
- Less than 3 Miles from Sonoma State University: 10,486 students and staff
EXECUTIVE SUMMARY
Long-term, corporate NNN lease to Carl’s Jr. with approximately six years remaining on the term. This well-established location has been operating for 40 years, benefiting from a convenient location adjacent to U.S. Highway 101 in Sonoma County, providing strong accessibility and exposure in a thriving regional market. The site is prominently positioned with excellent visibility and access along Redwood Drive (17,549 ADT), adjacent to the intersection of Rohnert Park Expressway (27,010 ADT) and US-101 (108,500 ADT). The property is situated within a dense and highly active retail corridor neighbored by prominent national retailers including Target, Starbucks, Dollar Tree, Office Depot, Olive Garden, AT&T, Cold Stone Creamery, Panda Express, and FedEx Office. Nearby shopping centers further enhance the area’s retail draw, including FoodMaxx, PetSmart, Costco, Ashley Furniture, and Planet Fitness. Additional centers in close proximity include North Bay Center (with Grocery Outlet, 24 Hour Fitness, Chipotle, and Panera Bread), Park Plaza Center (anchored by Safeway, CVS, Verizon, and Wingstop), and Raley’s Town Center (featuring Raley’s, Round Table Pizza, and Chase Bank).
The property benefits from a strong built-in customer base and steady daily traffic from nearby schools, commercial developments, and hotels. Sonoma State University, with 9,300 students and 1,186 staff, is located less than three miles away. Rancho Cotate High School, with 1,674 students, lies 2.5 miles from the site. Additional demand drivers include Graton Resort & Casino (1.2 miles), Scandia Family Fun Center (1 mile), Rebounderz Trampoline Park, Home2 Suites by Hilton, Hampton Inn & Suites, Rodeway Inn, Fairfield Inn & Suites, and several nearby industrial and business parks, as well as the Rohnert Park Park & Ride.
The property benefits from a strong built-in customer base and steady daily traffic from nearby schools, commercial developments, and hotels. Sonoma State University, with 9,300 students and 1,186 staff, is located less than three miles away. Rancho Cotate High School, with 1,674 students, lies 2.5 miles from the site. Additional demand drivers include Graton Resort & Casino (1.2 miles), Scandia Family Fun Center (1 mile), Rebounderz Trampoline Park, Home2 Suites by Hilton, Hampton Inn & Suites, Rodeway Inn, Fairfield Inn & Suites, and several nearby industrial and business parks, as well as the Rohnert Park Park & Ride.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,414 SF
Building Class
B
Year Built
1986
Price
$3,515,194 CAD
Price Per SF
$1,029.64 CAD
Cap Rate
6%
NOI
$210,912 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.75 AC
Parking
20 Spaces (5.86 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Drive Thru
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 143-391-019 | Improvements Assessment | $2,224,287 CAD |
| Land Assessment | $1,533,992 CAD | Total Assessment | $3,758,278 CAD |
PROPERTY TAXES
Parcel Number
143-391-019
Land Assessment
$1,533,992 CAD
Improvements Assessment
$2,224,287 CAD
Total Assessment
$3,758,278 CAD
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Carl's Jr. | 6460 Redwood Dr
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