14080 Francisquito Ave - Fast Food FOR SALE


Baldwin Park, CA 91706
$4,000,000 USD
312-548-6822
14080 Francisquito Ave, Baldwin Park, CA for Sale
$4,000,000 USD
Fast Food - FOR SALE
1/5
null | 5% Cap Rate

14080 Francisquito Ave
Baldwin Park, CA 91706


HIGHLIGHTS

  • Long-Term Sale Leaseback
  • Attractive Rent Increases
  • Zero Landlord Responsibilities
  • Strong Operator
  • Strategic Retail Location
  • High Traffic Counts

OVERVIEW

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. The adjacent parcel of land, 14064 Francisquito Avenue, is included in the offering. The unimproved parcel contains 8,870 square feet (0.2-acres). 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.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$1,229 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carl's Jr

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,312 SF

ZONING

C2, Baldwin Park

APN/PARCEL ID

8558-006-029

ASK ABOUT THIS PROPERTY

Jack CollinsHorvath & TremblayMore Info
312-548-6822

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Jack CollinsHorvath & TremblayMore Info
312-548-6822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.