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33315963
33315964

1498 ADAMS AVE, EL CENTRO, CA 92243

PW
CA CA 01454690
CBRE - South Bay
BH
CA 02148577
CBRE - South Bay
NS
CA 02231551
CBRE - South Bay
VT
CA CA 02087179
CBRE - South Bay
JW
CA 02084640
CBRE - South Bay
AK
CA 01416489
CBRE - South Bay
CBRE - South Bay
Listed by CBRE - South Bay
$2,390,000
7 days on market
Updated 7 days ago

Carl's Jr.

Details
APN 044-392-021
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,116
Cap Rate 5%
NOI $119,565
Occupancy 100%
Tenancy Single
Brand/Tenant Hardee's/Carl's Jr
Lease Type NNN
Year Built 1984
Year Renovated 2006
Acreage 0.890
Zoning HID
Parking Spaces 38 spaces
Parking Per SqFt 12.20
Investment Type Net Lease
Ground Lease No

Carl's Jr. Drive-Thru | New 10-Year Lease Extension

Marketing description

Brand-New 10-Year Extension

NNN Lease

Established 35+ Year Operating History

Investment highlights

New 10-Year Lease Extension

Carl’s Jr. has just committed to a brand-new ten (10)-year lease extension, providing investors with long-term income stability and eliminating near-term rollover risk.

Long-Term Operating History at the Site

Carl’s Jr. has successfully operated at the subject property for over 35 years, underscoring the strength of the location, traffic patterns, and trade area.

Passive NNN Lease Structure

The property is secured by a NNN lease, with the tenant responsible for taxes, insurance, and maintenance, offering investors a low-management, passive income stream.

Large Lot Size with Future Optionality

Situated on approximately 38,583 square feet (±0.89 acres) of land, the asset offers a low building-to-land ratio, ample parking, and long-term intrinsic land value.

Attractive Rent Growth with Built-In Increases

The lease features ten percent (10%) rent increases every five (5) years, providing predictable income growth and a hedge against inflation throughout the lease term and option periods.

Signalized Hard-Corner Location

Located at the signalized intersection of Adams Avenue and Imperial Avenue, the property benefits from strong visibility and exposure to approximately 29,000 cars per day.

Strong National Quick-Service Brand

Carl’s Jr. is a nationally recognized QSR concept with over 1,000 locations nationwide, benefiting from brand recognition, drive-thru demand, and resilient consumer traffic.

Freestanding, Fee-Simple Ownership

Investors acquire fee-simple ownership of a standalone quick-service restaurant with no shared walls or reciprocal access agreements.

Listing Contacts

PW
CA CA 01454690
CBRE - South Bay
BH
CA 02148577
CBRE - South Bay
NS
CA 02231551
CBRE - South Bay
VT
CA CA 02087179
CBRE - South Bay
JW
CA 02084640
CBRE - South Bay
AK
CA 01416489
CBRE - South Bay
CBRE - South Bay
Listed by CBRE - South Bay

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$119,565.00
$9,963.75/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

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Additional Information

Name
Patrick Wade
License
CA 01454690
Brokerage
CBRE, Inc.
Title
Senior Vice President
Name
Bo Henderson
License
02148577
Brokerage Phone
3103634659
Name
Nick Solomon
License
02231551
Brokerage
CBRE
Brokerage Phone
3103634909
Brokerage Address
2221 Rosecrans Avenue
Name
Vivian Tran
License
CA 02087179
Brokerage
CBRE
Brokerage Phone
213-613-3642
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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