Restaurant
Carl's Jr Sale-Leaseback
5166 Vineland Ave, Los Angeles, CA 91601
Listing Price: $5,555,000
Investment Overview
Located on the hard, signalized corner of Vineland Avenue and Magnolia Boulevard (±60,000 VPD), Carl’s Jr features easy access, excellent visibility, and is strategically located in the center of the North Hollywood Arts District. The property is well situated in Los Angeles County and is located within the largest concentration of music recording venues west of the Mississippi. Carl’s Jr is less than one mile from a planned $1 billion mixed-use development at Lankershim and Chandler. The opening of North Hollywood station in 2000, establishment and success of the NoHo Arts District in the old “downtown”, and repurposing of disused lots such as Laurel Plaza into NOHO West, has revitalized the heart of
North Hollywood.
Carl's Jr Sale-Leaseback
Investment Highlights
- Trophy Carl's Jr Location – 20-Year Absolute NNN Sale-Leaseback with 60-Unit Carl's Jr Franchisee Guaranty | Lease Features 10% Increases Every Five Years with Two, Five-Year Options to Renew.
- Friendly Franchisees Corporation Guaranty – FFC Operates 60 Carl's Jr Locations Throughout the Southern California area and Parts of Northern California, and is the largest California-based Franchisee
- Features Easy Access and Excellent Visibility on the Hard, Signalized Corner of Vineland Avenue and Magnolia Blvd to Over 60,000 Vehicles Per Day
- Excellent Retail Synergy within the Center | Anchored by Ralph's with Supporting Tenants Including AutoZone, Subway, The Flame Broiler, GNC, Cluck & Blaze, Pizza Man, and many more.
- "Main and Main" in the NoHo Arts District and Outparcel to Ralph's Anchored Retail Center | Less Than One-Mile From the CA-170 "Hollywood Freeway".
- Over 242,000 Residents in a Three-Mile Radius and Over 589,000 Residents in a Five-Mile Radius | Impressive Average Household Incomes of $116,784 and $118,837 in a 3-Mile and 5-Mile Radius, Respectively.
Exclusively Listed By
Financing By
Listing Price: $5,555,000
Investment Highlights
- Trophy Carl's Jr Location – 20-Year Absolute NNN Sale-Leaseback with 60-Unit Carl's Jr Franchisee Guaranty | Lease Features 10% Increases Every Five Years with Two, Five-Year Options to Renew.
- Friendly Franchisees Corporation Guaranty – FFC Operates 60 Carl's Jr Locations Throughout the Southern California area and Parts of Northern California, and is the largest California-based Franchisee
- Features Easy Access and Excellent Visibility on the Hard, Signalized Corner of Vineland Avenue and Magnolia Blvd to Over 60,000 Vehicles Per Day
- Excellent Retail Synergy within the Center | Anchored by Ralph's with Supporting Tenants Including AutoZone, Subway, The Flame Broiler, GNC, Cluck & Blaze, Pizza Man, and many more.
- "Main and Main" in the NoHo Arts District and Outparcel to Ralph's Anchored Retail Center | Less Than One-Mile From the CA-170 "Hollywood Freeway".
- Over 242,000 Residents in a Three-Mile Radius and Over 589,000 Residents in a Five-Mile Radius | Impressive Average Household Incomes of $116,784 and $118,837 in a 3-Mile and 5-Mile Radius, Respectively.
Investment Overview
Located on the hard, signalized corner of Vineland Avenue and Magnolia Boulevard (±60,000 VPD), Carl’s Jr features easy access, excellent visibility, and is strategically located in the center of the North Hollywood Arts District. The property is well situated in Los Angeles County and is located within the largest concentration of music recording venues west of the Mississippi. Carl’s Jr is less than one mile from a planned $1 billion mixed-use development at Lankershim and Chandler. The opening of North Hollywood station in 2000, establishment and success of the NoHo Arts District in the old “downtown”, and repurposing of disused lots such as Laurel Plaza into NOHO West, has revitalized the heart of North Hollywood.
Exclusively Listed By
Financing By
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