Restaurant
Carl's Jr.
4805 Watt Ave, North Highlands, CA 95660
Listing Price: $1,685,000
Investment Overview
Marcus & Millichap is pleased to present this attractive Carl’s Jr. restaurant located in North Highlands, California. Remodeled in 2021, the subject property is ideally positioned along Watt Avenue which is one of Sacramento's most active corridors. The intersection of Watt Avenue and Winona Way sees an average daily traffic count of 50,586 cars per day offering retailers excellent customer exposure. The subject site is strengthened by national retailers such as Walmart Super Center, Dollar Tree, Panda Express, KFC, Taco Bell, McDonald's, 7-Eleven, Jack in the Box, Subway, and Starbucks being located in the immediate area. A new 10 year absolute triple net lease was signed June, 2019 with AMS Restaurants, LLC, an experienced Carl's Jr. franchisee that calls for annual base rent of $85,000 along with percentage rent of 8% gross sales exceeding $850,000.
Carl's Jr.
Investment Highlights
- Approximately 6.5 Years Remaining on Absolute NNN Lease
- Tenant Remodeled Building in 2021
- Experienced Carl's Jr. Franchisee (AMS Restaurants, LLC) Operating 41 locations
- Tenant Paying Percentage Rent
- Strong Traffic Count Location
- Carl's Jr. has Occupied Site Since 1988
Exclusively Listed By
Listing Price: $1,685,000
Investment Highlights
- Approximately 6.5 Years Remaining on Absolute NNN Lease
- Tenant Remodeled Building in 2021
- Experienced Carl's Jr. Franchisee (AMS Restaurants, LLC) Operating 41 locations
- Tenant Paying Percentage Rent
- Strong Traffic Count Location
- Carl's Jr. has Occupied Site Since 1988
Investment Overview
Marcus & Millichap is pleased to present this attractive Carl’s Jr. restaurant located in North Highlands, California. Remodeled in 2021, the subject property is ideally positioned along Watt Avenue which is one of Sacramento's most active corridors. The intersection of Watt Avenue and Winona Way sees an average daily traffic count of 50,586 cars per day offering retailers excellent customer exposure. The subject site is strengthened by national retailers such as Walmart Super Center, Dollar Tree, Panda Express, KFC, Taco Bell, McDonald's, 7-Eleven, Jack in the Box, Subway, and Starbucks being located in the immediate area. A new 10 year absolute triple net lease was signed June, 2019 with AMS Restaurants, LLC, an experienced Carl's Jr. franchisee that calls for annual base rent of $85,000 along with percentage rent of 8% gross sales exceeding $850,000.
Exclusively Listed By
