The subject property, 2601 Needles highway, is a 3,222 square-foot freestanding drive-thru building on 1.15 acre(s) of land in Needles, CA. The property is currently 100-percent occupied by Carl’s Jr., who has operated at this location since 1985, but has recently said they do not intend to renew their lease. This allows an investor or owner/user to repurpose the site.
2601 Needles Highway is located immediately off of Highway 40, which is conveniently located to serve both local residents and transient traffic. The property is immediately adjacent to a service station and hotel, with three other hotels within walking distance and other resorts very close by.
Situated along the California and Arizona border, Needles is known for being located along the historic Route 66, and to this day serves a large number of travelers who are going between southern California, Arizona, and Nevada. Needles is situated just 20 miles south of Laughlin & Bullhead City, and about 45 miles North of Lake Havasu. In addition, the Colorado River runs alongside the town, drawing recreational users.
The existing building was constructed in 1986, and has been continually operated and renovated by Carl’s Jr. throughout the years. The large 1.15-acre lot provides ample parking and room for a comfortable drive-thru. In addition, the property has tall monument signage which has great visibility from Highway 40.
Offered at $885,000, this property offers an investor or owner/user the opportunity to seek a new long-term lease with a new tenant, or use the site for their own business.