12260 State Highway 33 - Fast Food FOR SALE
Gustine, CA 95322 |
12260 State Highway 33
Gustine, CA 95322
HIGHLIGHTS
- Absolute NNN lease with zero landlord responsibilities, featuring CPI (per LA County) rent increases every five years, capped at 10%.
- Corporate guaranteed (1,000+ locations across the US and 3,800 globally, serving 43 countries).
- Well positioned within a large rest stop and transportation hub with nine gas/charging stations, four hotels and many retailers.
- Lease requires annual store sales reporting.
- Carl’s Jr has renewed/extended the lease multiple times, including a 20 year extension in 2010.
- Tax benefits – Subject property is fee simple, allowing the owner to benefit from depreciation.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Carl's Jr.
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
5375
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
100
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
070-230-022
