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Restaurant

Carl's Jr. | Walmart Supercenter Outparcel | Top 4% Performing Site in US

3440 Stockton Hill Rd, Kingman, AZ 86409

Listing Price: $3,361,818

Cap Rate
5.50%
Tenant Name
Carl's Jr.
Years Remaining On Lease
9.1
Gross SF
3,092
Guarantor
Franchisee Guarantee
Rentable SF
3,092
Price/Gross SF
$1,087.26
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$59.80

Investment Overview

Founded in 1941, Carl's Jr. is a West Coast favorite, known for its iconic charbroiled burgers. The chain has more than 1,100 locations across the U.S. and serves 28 countries worldwide. CKE Restaurants Holdings, Inc. ("CKE") , a privately-held company based in Franklin, Tennessee, runs and operates Carl's Jr. and Hardee's, two regional brands known for one-of-a-kind premium and innovative menu items. With both a US and international footprint, Carl's Jr. Restaurants LLC and Hardee's Restaurants LLC have over 3,900 franchised or company-operated restaurants in 44 states and 42 foreign countries and territories. StarCorp LLC is a franchisee of Carl's Jr. and Hardee's Restaurants with over 160 units throughout Arizona, Texas, and the Midwest. Kingman is located in the heart of the historic Route 66 in northwestern Arizona, situated 85 miles southeast of Las Vegas and 165 miles northwest of Phoenix. It is conveniently located right off of Interstate 40. Visitors are drawn to this historic town for its scenic hiking, historic charm, cafes and restaurants, and the allure of Route 66.

Investment Highlights

  • Nine Years Remaining on Triple-Net (NNN) Lease - 160+ Unit Franchisee
  • 7.5 Percent Rental Increases Every Five Years
  • Top 4 Percent Performing Site in the US According to Placer AI Data
  • Walmart Supercenter Outparcel
  • 47,849 Residents Within a Five-Mile Radius - Households in the Same Area are Projected to Increase Over 3 Percent by 2027
  • Located Immediately Off the I-40 (43,300 Cars per Day) with Excellent Visibility and Access Along Stockton Hill Road (27,600 Cars per Day)
  • Situated within a Dense Retail Corridor - Tenants Include Smith's Food and Drug, Walmart, Staples, Safeway, McDonald's, Taco Bell, and Petco
  • Across from Kingman Regional Medical Center's Main Campus (235 Beds)

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

Carl's Jr. | Walmart Supercenter Outparcel | Top 4% Performing Site in US

Listing Price: $3,361,818

Cap Rate
5.50%
Tenant Name
Carl's Jr.
Years Remaining On Lease
9.1
Gross SF
3,092
Guarantor
Franchisee Guarantee
Rentable SF
3,092
Price/Gross SF
$1,087.26
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$59.80

Investment Highlights

  • Nine Years Remaining on Triple-Net (NNN) Lease - 160+ Unit Franchisee
  • 7.5 Percent Rental Increases Every Five Years
  • Top 4 Percent Performing Site in the US According to Placer AI Data
  • Walmart Supercenter Outparcel
  • 47,849 Residents Within a Five-Mile Radius - Households in the Same Area are Projected to Increase Over 3 Percent by 2027
  • Located Immediately Off the I-40 (43,300 Cars per Day) with Excellent Visibility and Access Along Stockton Hill Road (27,600 Cars per Day)
  • Situated within a Dense Retail Corridor - Tenants Include Smith's Food and Drug, Walmart, Staples, Safeway, McDonald's, Taco Bell, and Petco
  • Across from Kingman Regional Medical Center's Main Campus (235 Beds)

Investment Overview

Founded in 1941, Carl's Jr. is a West Coast favorite, known for its iconic charbroiled burgers. The chain has more than 1,100 locations across the U.S. and serves 28 countries worldwide. CKE Restaurants Holdings, Inc. ("CKE") , a privately-held company based in Franklin, Tennessee, runs and operates Carl's Jr. and Hardee's, two regional brands known for one-of-a-kind premium and innovative menu items. With both a US and international footprint, Carl's Jr. Restaurants LLC and Hardee's Restaurants LLC have over 3,900 franchised or company-operated restaurants in 44 states and 42 foreign countries and territories. StarCorp LLC is a franchisee of Carl's Jr. and Hardee's Restaurants with over 160 units throughout Arizona, Texas, and the Midwest. Kingman is located in the heart of the historic Route 66 in northwestern Arizona, situated 85 miles southeast of Las Vegas and 165 miles northwest of Phoenix. It is conveniently located right off of Interstate 40. Visitors are drawn to this historic town for its scenic hiking, historic charm, cafes and restaurants, and the allure of Route 66.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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