815 Real Rd
Bakersfield, CA 93309
Retail Property For Sale

Carl’s Jr. | Absolute NNN Lease at 815 Real Road, Bakersfield, CA 93309 presents an attractive opportunity to acquire a single-tenant, fee simple fast-food investment with drive-thru service in a highly visible Bakersfield location. Situated on a 0.71-acre parcel, the property features a 2,759 SF building, 35 parking spaces, prominent pylon signage, and strong street presence along Real Road. This corporate-guaranteed lease offers passive ownership with an absolute NNN structure and zero landlord responsibilities. The tenant pays CAM, taxes, insurance, and all maintenance, creating a truly hands-off investment. The current lease runs through June 30, 2027, with two 5-year renewal options and 10% rental increases every five years, providing built-in income growth. Offered at $1.3 million, the asset generates $71,500 in annual NOI at a 5.5% cap rate. The location benefits from excellent surrounding traffic counts, including approximately 11,688 vehicles per day on Real Road and immediate access to the Golden State Highway corridor with traffic counts exceeding 153,000 vehicles per day. Surrounded by national retailers, hotels, and restaurants, this site is well-positioned within a dense Bakersfield trade area.