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Restaurant

Carl's Jr.

841 SW 89th St, Oklahoma City, OK 73139

Listing Price: $1,915,000

Cap Rate
6.50%
Tenant Name
Carl's Jr.
Years Remaining On Lease
11.9
Gross SF
2,536
Guarantor
Franchisee Guarantee
Rentable SF
2,536
Price/Gross SF
$755.13
Lease Type
Absolute Net
Rent Per Square Feet
$49.07

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.

Oklahoma City is the capital and largest city in the state of Oklahoma, ranking 22nd among U.S. cities in population with 681,054 residents. The Oklahoma City metropolitan area has a population of 1,396,445, and the Oklahoma City-Shawnee Combined Statistical Area has a population of 1,469,124 (Chamber of Commerce) residents, making it Oklahoma’s largest metropolitan area by population.

Investment Highlights

  • 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Multi-Unit Franchisee (19 Carl's Jr. Locations)
  • Upcoming Rent Increase on August 1, 2028
  • Densely-Populated Trade Area in Oklahoma City - 219,342 Residents within Five Miles
  • Signalized Hard Corner Location, Easily Accessible by Approximately 36,000 Cars per Day at the Intersection of SW 89th Street and South Western Avenue
  • Easy Freeway Access, One Mile South of Interstate 240 and Two Miles East/West of Interstates 44 and 35
  • Surrounded by National Tenants: Dunkin', Planet Fitness, Arby's, Dollar General, and More
  • Daytime Population Exceeds 15,000 People within One Mile of the Subject Property
  • Central Location Near Downtown Oklahoma City within an Approximate 20-Minute Drive of Will Rogers International Airport, Tinker Air Force Base, and The University of Oklahoma

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Financing By

Listing Price: $1,915,000

Cap Rate
6.50%
Tenant Name
Carl's Jr.
Years Remaining On Lease
11.9
Gross SF
2,536
Guarantor
Franchisee Guarantee
Rentable SF
2,536
Price/Gross SF
$755.13
Lease Type
Absolute Net
Rent Per Square Feet
$49.07

Investment Highlights

  • 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Multi-Unit Franchisee (19 Carl's Jr. Locations)
  • Upcoming Rent Increase on August 1, 2028
  • Densely-Populated Trade Area in Oklahoma City - 219,342 Residents within Five Miles
  • Signalized Hard Corner Location, Easily Accessible by Approximately 36,000 Cars per Day at the Intersection of SW 89th Street and South Western Avenue
  • Easy Freeway Access, One Mile South of Interstate 240 and Two Miles East/West of Interstates 44 and 35
  • Surrounded by National Tenants: Dunkin', Planet Fitness, Arby's, Dollar General, and More
  • Daytime Population Exceeds 15,000 People within One Mile of the Subject Property
  • Central Location Near Downtown Oklahoma City within an Approximate 20-Minute Drive of Will Rogers International Airport, Tinker Air Force Base, and The University of Oklahoma

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. Oklahoma City is the capital and largest city in the state of Oklahoma, ranking 22nd among U.S. cities in population with 681,054 residents. The Oklahoma City metropolitan area has a population of 1,396,445, and the Oklahoma City-Shawnee Combined Statistical Area has a population of 1,469,124 (Chamber of Commerce) residents, making it Oklahoma’s largest metropolitan area by population.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

Financing By

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