www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29939428
29939429

12260 CA-33, Gustine, CA 95322

LR
CA CA 01267761
Marcus & Millichap - Encino
GL
CA CA 02126292
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino
$2,595,000
106 days on market
Updated 0 days ago

Carl's Jr | Corp. Lease in Santa Nella I-5 Travel Corridor

Details
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food (+1)
Square Footage 5,375
Cap Rate 5.95%
NOI $154,339
Occupancy 100%
Tenancy Single
Brand/Tenant Hardee's/Carl's Jr
Lease Type Absolute NNN
Lease Term 41
Lease Expiration 01/31/2030
Remaining Term 3.6
Rent Bumps Yes
Lease Options 3x5
Price per SqFt $483
Broker Co-Op Yes
Year Built 1989
Buildings 1
Acreage 2.300
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/14/1989
Ownership Fee Simple

STRATEGICALLY LOCATED HIGH TRAFFIC I-5 REST STOP | BRAND NEW EV CHARGER STALLS COMING SOON

Marketing description

This offering presents a truly passive investment opportunity featuring an absolute triple net lease with zero landlord responsibilities and a long operating history dating back to 1989, demonstrating the property’s stability as a community staple within Santa Nella and a consistent stop for regional travelers. The site is leased to Carl's Jr., a nationally recognized brand operated by CKE Restaurants Holdings Inc. with more than 4,000 locations worldwide, providing strong corporate guarantee. Strategically positioned just off Interstate 5, one of California’s primary north–south corridors carrying over 46,000 vehicles daily between Los Angeles and San Francisco, the property benefits from exceptional visibility and travel demand. Carl's has recently subleased a portion of their parking lot to have 4 brand new electric vehicle charging stalls to act as an additional draw for customers. The location is also enhanced by its proximity to iconic roadside attractions including Pea Soup Andersen’s and Hotel Mission De Oro, reinforcing its position within a well-known tourist stop, while the expansive 2.3-acre parcel offers additional long-term upside through potential pad development or EV charging infrastructure.

Investment highlights

ABSOLUTE NNN LEASE STRUCTURE

The absolute triple net lease provides truly passive ownership with zero landlord obligations

LONG OPERATING HISTORY SINCE 1989

This location has successfully operated for over three decades, establishing itself as a staple within the Santa Nella community and a consistent stop for travelers

CORPORATE GUARANTEED TENANT

Carl’s Jr, operated by CKE Restaurants Holdings Inc is one of the most well known nationally recognized fast-food brands with over 4,000 locations globally

STRATEGIC HIGHWAY LOCATION

Positioned just off Interstate 5, this busy travel stop serves as the halfway between Los Angeles and San Francisco, which carries over 46,000 vehicles per day in this corridor

ICONIC TOURIST DESTINATION

Santa Nella is famous as the home of Pea Soup Andersen’s, a longstanding California roadside landmark and tourist stop, as well as the sought-out historic Hotel Mission De Oro Resort

OVERSIZED PARCEL WITH ON-SITE EV CHARGERS

The large 2.3 acre lot provides potential for future pad development, and Carl’s has recently subleased portion of parking lot for 4 brand new on site electric vehicle charging stalls

Listing Contacts

LR
CA CA 01267761
Marcus & Millichap - Encino
GL
CA CA 02126292
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$154,339.00
$12,861.58/mo

Valuation Metrics

0
DSCR
5.95%
Cap Rate
5.95%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Lior Regenstreif
License
CA 01267761
Brokerage Phone
8182122730
Title
CA
Name
Gerry Lano
License
CA 02126292
Brokerage
Marcus & Millichap
Brokerage Phone
8182122683
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591