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Carl's Jr 5785 E State Route 69 2,957 SF Retail Building Prescott Valley, AZ 86314 $2,995,000 ($1,012.85/SF) 5.19% Cap Rate
EXECUTIVE SUMMARY
Freestanding Carl’s Jr. operated by StarCorp LLC, one of the largest Carl’s Jr./Hardee’s franchise groups in the country with 140+ locations across multiple states. Absolute NNN structure with zero landlord responsibilities. The ±2,957 SF building, built in 2012, features a drive-thru, pylon signage, and 171 feet of frontage along Hwy 69. Positioned within a strong regional retail corridor surrounded by national brands including Home Depot, Walmart, Hobby Lobby, Tractor Supply, Dutch Bros, Starbucks, and multiple quick-service restaurants. Excellent visibility, solid traffic flow, and long-term trade-area stability make this an attractive passive investment for net-lease and 1031 buyers.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
REO Sale
Property Type
Retail
Property Subtype
Building Size
2,957 SF
Building Class
B
Year Built
2012
Price
$2,995,000
Price Per SF
$1,012.85
Cap Rate
5.19%
NOI
$155,441
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.81 AC
Zoning
PM - “PM – Planned Mixed Use (allows commercial/retail and restaurant uses).”
Frontage
171’ on Hwy 69
AMENITIES
- Restaurant
- Signage
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
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 TYPE | LEASE END | |
|
|
Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 103-09-245Y | Improvements Assessment | $926,097 |
| Land Assessment | $603,070 | Total Assessment | $1,529,167 |
PROPERTY TAXES
Parcel Number
103-09-245Y
Land Assessment
$603,070
Improvements Assessment
$926,097
Total Assessment
$1,529,167
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Carl's Jr | 5785 E State Route 69
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