Carl’s Jr. Pad Fresno, California

Sold
Property Type: Retail

Property Details

  • Property Address: 3031 W Clinton Ave
  • Land Area: 0.93± Acres
  • CAP Rate: 4.25%
  • Zoning: CG/UGM (Commercial General)
  • Tenants: TWM Fresno, LLC

Description

Carl’s Jr. 20 year Ground Lease, with a 10% increase every 5 years, including Options. Brand new construction. Tenant built the building at their expense. Expected opening of October 2020. High profile pad corner location on 0.93± acres. Nearby tenants include O’Reilly Auto Parts, Arco, AM/PM, Chevron, and Domino’s Pizza.

– Near O’Reilly Auto Parts, ARCO, AM-PM, Jack in the Box, Subway and Johnny Quick
– New residential growth area
– Estimated Traffic Volume at Intersection: 36,610± cars per day
– Excellent access/visibility from Freeway 99