Carls Jr Calimesa — Sale in Calimesa, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Calimesa, CA 92320

Investment Figures

Cap rate
4.70%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Ground Lease Investment Opportunity Carl’s Jr. 1164 Calimesa Blvd Calimesa, California 92320Absolute NNN Ground Lease Corporate-Backed Tenant | Long-Term Performance Executive Summary This offering presents an exceptional opportunity to acquire the leased fee interest in a prime Carl’s Jr. ground lease located at 1164 Calimesa Blvd in the desirable community of Calimesa, California. The property is situated on approximately 0.75 acres within The Shoppes at Calimesa, a well-maintained, high-occupancy retail center featuring a strong mix of national tenants. • Tenant: Carl’s Jr. (corporate-backed lease) • Lease Commencement: May 15, 2008 • Original Term: 20 years • Extension Option: One additional 5-year option • Current Rent (Lease Years 16-20): $119,790 per year ($9,982.50 per month) • Lease Type: Absolute Triple-Net (NNN) Ground Lease – tenant responsible for all taxes, insurance, maintenance, utilities, and common area expenses • Asking Price: $2,550,000 • Cap Rate: 4.7% • NOI: $119,790 The tenant has operated successfully at this location for nearly 18 years, demonstrating strong long-term commitment in a stable, income-supportive market. Property Description The subject property consists of the underlying land for a modern, approximately 2,911 SF Carl’s Jr. restaurant with drive-thru. The tenant owns and maintains the building and all site improvements. The site benefits from excellent visibility along Calimesa Boulevard, ample parking, and prominent pylon signage within the shopping center. Aerial imagery and on-site photos confirm a clean, well-maintained facility in a high-traffic retail environment. Tenant Overview Carl’s Jr. is a leading quick-service restaurant brand known for its signature charbroiled burgers and innovative menu. This location benefits from a corporate-backed lease, providing investors with the security of a national operator with significant brand strength. Carl’s Jr. has a proven track record in suburban and highway-adjacent markets. Th

Market Context

This retail in Calimesa, CA is listed for sale. It is offered at an approximate 4.7% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Calimesa, CA — view the full market.

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