CARL’S JR. NNN GROUND LEASE
Corporate Guaranty
- Rare Rental Increases: Corporate guaranteed ground lease with a 10% rental increase in 5 years of the initial term and at the beginning of each of the four 5-year option periods
- Newer 2017 Construction: Latest Carl’s Jr. modern building design with drive-thru
- Absolute NNN Ground Lease: Tenant pays for all CAM, insurance, taxes, and maintains all aspects of the building
- Strong Retail Corridor with National Credit Tenant: Nearby national/credits include Vons, Ralphs, Rite Aid, CVS, LA Fitness, Anytime Fitness, Staples, Marshalls, Ross, AutoZone, Pepboys, 7-Eleven, Starbucks, and more, further Increasing consumer traffic and crossover shopping to the trade area
- Dense Demographics: More than 514,000 residents and 234,000 employees support the trade area. With an affluent average household income of $116,000