For Sale
$1,697,000

56335 Mojave Pointe Rd Baker, CA 92309

SoCal Carl's Jr. - 7.8% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a 3,428 square foot Carl's Jr. fast-food restaurant located at 56335 Mojave Pointe Rd, Baker, CA 92309. The property sits on a 41,223 square foot lot and boasts a strong 7.80% cap rate, generating a net operating income (NOI) of $132,300. Built in 2010, this high-quality, drive-thru building is 100% occupied under an absolute NNN lease with a franchisee tenant. The lease, expiring July 9, 2030, has a remaining term of 5.6 years and includes two 10-year renewal options. Rent increases are tied to the Consumer Price Index (CPI). The property benefits from its strategic location at the I-15 and SR-127 junction, offering exceptional visibility and attracting significant traffic. This "last chance" location for travelers between Southern California and Las Vegas provides a consistent customer base. The asking price is $1,697,000, translating to a price per square foot of $495. This is a rare opportunity to acquire a well-performing, low-maintenance, net-leased property with a nationally recognized brand in a high-traffic location. The property's APN is 0544-312-19.

Highlights

  • Investment-grade NNN lease with Carl's Jr., an established national tenant.
  • Experienced local operator with a significant portfolio.
  • Absolute NNN lease; tenant responsible for all operating expenses.
  • 20-year lease (expiring June 2030) with fixed rent increases and renewal options.
  • High-quality, newer construction (2010) minimizing capital expenditures.
  • Excellent visibility and freeway access (I-15 & SR-127) in a high-traffic location.

Property Details for 56335 Mojave Pointe Rd

Property type
Retail properties
Square Feet
3,428 SF
Year Built
2010

Location Insight

City
Baker
County
San Bernardino
State
California
Latitude
35.2686975
Longitude
-116.066902

FAQs

What type of property is this?
Retail property - SoCal Carl's Jr. - 7.8% Cap Rate
Where is the retail property located?
The property is located at 56335 Mojave Pointe Rd Baker, CA.
What is the asking price?
The asking price for this property is $1,697,000.
What are key features of this property?
This property features: Investment-grade NNN lease with Carl's Jr., an established national tenant.; Experienced local operator with a significant portfolio.; Absolute NNN lease; tenant responsible for all operating expenses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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56335 Mojave Pointe Rd
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