Fee Simple Interest in Single-Tenant Net Leased Carl’s Jr. | FOR SALE

Highlights:

• Absolute Triple Net Lease – Zero landlord responsibilities, allowing an investor to enjoy a completely passive investment. The tenant is responsible for all taxes, maintenance, insurance, and upkeep associated with the property.
• Long-Term Lease – There are over ±13 years remaining on the primary term of the lease, ensuring an investor an asset with several years of guaranteed income remaining.
• Annual Rent Increases – The lease includes 1.25% annual rent increases, providing the necessary hedges against inflation over the base term of the lease and in options.
• Four (4), Five (5) Year Options – Providing a prospective landlord with up to ±20 years of additional income.

Description:

The broker is pleased to exclusively offer the opportunity to acquire the fee simple interest in single-tenant net leased Carl’s Jr located at 728 N Bisbee Ave, Willcox, AZ.

Situated on a ±0.59 AC lot outparceled to a Safeway Anchored shopping center, this property offers a prospective buyer 13+ years of fully passive income. The property is operated by StarCorp, LLC, a very large franchisee of Carl’s Jr and Hardee’s that operates 50+ Carl’s Jr locations in Arizona and more than 150 restaurants nationwide between the two brands.

With yearly rental increases and an Absolute NNN lease with zero landlord responsibilities, this asset is the perfect offering for an investor seeking a long-term and fully passive investment.

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