Carl's Jr. 611 Douglas Dr 3,171 SF Retail Building Oceanside, CA 92058 $3,257,200 ($1,027.18/SF) 4.25% Cap Rate

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.
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