Restaurant

Carl's Jr.

1720 E Dyer Rd, Santa Ana, CA 92705

Listing Price: $3,768,400

Cap Rate
3.75%
Tenant Name
Carl's Jr.
Years Remaining On Lease
16.1
Gross SF
2,896
Guarantor
Franchisee Guarantee
Rentable SF
2,896
Price/Gross SF
$1,301.24
Lease Type
Absolute Net
Rent Per Square Feet
$48.80

Investment Overview

Marcus & Millichap is pleased to present the exclusive net lease offering for the Carls Jr. located at 1720 East Dyer Road in Santa Ana, California. The property consists of roughly 2,896 rentable square feet of building space and is located on an estimated 0.82-acre parcel of land.
The property is subject to a 20-year triple-net (NNN) lease which began on February 28th, 2017 and has over 16 years remaining. The current rent is $141,315 with rental increases of 10% every 5 years throughout the base term and into either one (1), five (5)-year tenant renewal option or one (1), ten (10)-year tenant renewal option.

Investment Highlights

  • Long-Term, 20-Year Triple-Net (NNN) Lease with Over 16 Years Remaining
  • Attractive 10% Rental Increases Every 5 Years
  • Franchisee Guaranty | OC Burger Boys, LLC

Exclusively Listed By

Broker of Record

  • Adam Christofferson

    Senior Vice President/Division Manager

    License(s): CA: 00530854

    California

Listing Price: $3,768,400

Cap Rate
3.75%
Tenant Name
Carl's Jr.
Years Remaining On Lease
16.1
Gross SF
2,896
Guarantor
Franchisee Guarantee
Rentable SF
2,896
Price/Gross SF
$1,301.24
Lease Type
Absolute Net
Rent Per Square Feet
$48.80

Investment Highlights

  • Long-Term, 20-Year Triple-Net (NNN) Lease with Over 16 Years Remaining
  • Attractive 10% Rental Increases Every 5 Years
  • Franchisee Guaranty | OC Burger Boys, LLC

Investment Overview

Marcus & Millichap is pleased to present the exclusive net lease offering for the Carls Jr. located at 1720 East Dyer Road in Santa Ana, California. The property consists of roughly 2,896 rentable square feet of building space and is located on an estimated 0.82-acre parcel of land.
The property is subject to a 20-year triple-net (NNN) lease which began on February 28th, 2017 and has over 16 years remaining. The current rent is $141,315 with rental increases of 10% every 5 years throughout the base term and into either one (1), five (5)-year tenant renewal option or one (1), ten (10)-year tenant renewal option.

Exclusively Listed By

Broker of Record

  • Adam Christofferson

    Senior Vice President/Division Manager

    License(s): CA: 00530854

    California

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