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12260 State Highway 33
Gustine, CA 95322
Retail Property For Sale
Investment Highlights
- Absolute NNN lease with zero landlord responsibilities, featuring CPI (per LA County) rent increases every five years, capped at 10%.
- Well positioned within a large rest stop and transportation hub with nine gas/charging stations, four hotels and many retailers.
- Carl’s Jr has renewed/extended the lease multiple times, including a 20 year extension in 2010.
- Corporate guaranteed (1,000+ locations across the US and 3,800 globally, serving 43 countries).
- Lease requires annual store sales reporting.
- Tax benefits – Subject property is fee simple, allowing the owner to benefit from depreciation.
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,375 SF
Building Class
C
Year Built
1989
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.30 AC
Zoning
C2
Parking
100 Spaces (18.6 Spaces per 1,000 SF Leased)
Frontage
242’ on State Hwy 33
Amenities
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 070-230-022 | Improvements Assessment | $1,395,000 |
| Land Assessment | $1,200,000 | Total Assessment | $2,595,000 |
Property Taxes
Parcel Number
070-230-022
Land Assessment
$1,200,000
Improvements Assessment
$1,395,000
Total Assessment
$2,595,000
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