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Carl's Jr 14080 Francisquito Ave 3,218 SF Retail Building Baldwin Park, CA 91706 $4,000,000 ($1,243.01/SF) 5% Cap Rate



INVESTMENT HIGHLIGHTS
- Long-Term Sale Leaseback
- Zero Landlord Responsibilities
- Strategic Retail Location
- Attractive Rent Increases
- Strong Operator
- High Traffic Counts
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,218 SF
Building Class
B
Year Built
1989
Price
$4,000,000
Price Per SF
$1,243.01
Cap Rate
5%
NOI
$200,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.67 AC
Zoning
C2, Baldwin Park
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- -
Founded in 1941, Carl's Jr. has been a West Coast favorite for many years, known for their iconic charbroiled burgers. Today, Carl's Jr. has many locations across the U.S. and serves many countries worldwide. Their quality products, modern restaurant design, and experienced international team are a winning combination that drives their consistent growth.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Accommodation and Food Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 8558-006-029 | Improvements Assessment | $463,347 |
| Land Assessment | $565,058 | Total Assessment | $1,028,405 |
PROPERTY TAXES
Parcel Number
8558-006-029
Land Assessment
$565,058
Improvements Assessment
$463,347
Total Assessment
$1,028,405
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Carl's Jr | 14080 Francisquito Ave
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