1498 Adams Ave - Restaurant FOR SALE
El Centro, CA 92243 |
$2,390,000 USD
818-259-0476
1498 Adams Ave
El Centro, CA 92243
HIGHLIGHTS
- Carl’s Jr. has just committed to a brand-new ten (10)-year lease extension, providing investors with long-term income stability.
- Carl’s Jr. has successfully operated at the subject property for over 35 years, underscoring the strength of the location.
- The property is secured by a NNN lease, with the tenant responsible for taxes, insurance, and maintenance.
- Situated on approximately 38,583 square feet (±0.89 acres) of land, the asset offers a low building-to-land ratio and ample parking.
- The lease features ten percent (10%) rent increases every five (5) years, providing predictable income growth and a hedge against inflation.
- Located at the signalized intersection of Adams Avenue and Imperial Avenue, the property benefits from strong visibility and exposure.
FOR SALE DETAILS
PRICE
$2,390,000 USD
PRICE/SF
$767 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
0.89 AC
LAND SF
38,768 SF
ZONING
HID
APN/PARCEL ID
044-392-021-000
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818-259-0476
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818-259-0476
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