611 Douglas Dr - Fast Food FOR SALE


Oceanside, CA 92058- North Valley
$3,257,200 USD
858-822-9811
611 Douglas Dr, Oceanside, CA for Sale
$3,257,200 USD
Fast Food - FOR SALE
1/13
null | 4.25% Cap Rate

611 Douglas Dr
Oceanside, CA 92058
North Valley


HIGHLIGHTS

  • 20-Year NNN Lease with Two 5-Year Renewal Options
  • Backed by Strong Franchisee Guaranty – SDC Restaurants, LLC is a Major Operator Managing Over 50 Carl’s Jr. Locations Spanning Across California and N
  • +15,500 Visits per Month, Ranking #6 out of 37 Sites (86th Percentile) in a 30-Mile Radius for the Chain (Placer.ai)
  • Prime Suburban Infill Location with High Density, Strong Barriers to Entry
  • Affluent and Densely Populated Trade Area of +221,200 and Avg HHI of +$119,900 in 5-Mile Radius
  • $1.9MM Annual Sales Volume (Placer.ai)

OVERVIEW

This Carl’s Jr. features a 20-year NNN franchisee-guaranteed lease with two 5-year renewal options. The property is operated by a prominent franchisee that manages over 50 Carl’s Jr. locations throughout California and Nevada. The asset is a freestanding QSR restaurant located within a prime suburban infill market characterized by strong barriers to entry. According to Placer.ai, the site has +15,500 visits per month, ranking in the 86th percentile among Carl’s Jr. locations within a 30-mile radius. Situated near the intersection of Douglas Drive and North River Road, the property has over 53,400 VPD in combined traffic counts and is less than 1.5 miles from Highway 76, a major east-west corridor connecting Oceanside, Camp Pendleton, and North Inland San Diego County. The site is strategically positioned near Marine Corps Base Camp Pendleton, one of the nation’s largest military installations, with a daytime population of +70,000 military and civilian personnel. Major developments in the area include North River Farms, a 177-acre master-planned community featuring approximately 656 homes and future commercial development. Additional nearby projects include Lennar’s OceanPointe and Meritage Homes’ Pacifica communities, which will collectively add more than 300 residential units. The property serves an affluent and densely populated trade area with +221,200 residents and an average HHI of +$119,900 within a 5-mile radius. Watch Property Video: https://vimeo.com/1213362451/422cd5b72f

FOR SALE DETAILS

PRICE

$3,257,200 USD

PRICE/SF

$1,027 USD /SF

CAP RATE

4.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carl's Jr.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

N River Rd

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

CG

APN/PARCEL ID

158-030-44

ASK ABOUT THIS PROPERTY

Ryan GomezCushman & WakefieldMore Info
858-822-9811

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Ryan GomezCushman & WakefieldMore Info
858-822-9811

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