Carl’s Jr.

10148 Rosecrans Ave, Bellflower, CA 90706

$2,895,000

Cap Rate 4.75%

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DOM: 1 Updated: 09.15.25 Posted: 09.15.25 Status: Active 09.15.25

Summary

Price $2,895,000	Built/Renov 1999	Tenant Carl’s Jr.
Cap Rate 4.75%	Lease Type Abs NNN	Guarantor Corporate
Size/SF 3,050	Lease Start 09-01-1999	#Units
Price/SF $949.18	Expiration 08-31-2031	Tenant Type Fast Food/QSR
NOI $137,500	R. Term 5.11	Ownership Leased Fee
Rent/SF $45.08	Increases 10.0%/6/yrs	Pop 5Mi 718,345
Lot/AC 0.49	Options 2/5yrs/10%	AHHI 5Mi $113,898

Highlights

Absolute NNN ground lease with zero landlord responsibilities.
Corporate guarantee from Carl’s Jr. Restaurants LLC.
Long-term operation at this site since 1999.
Hard corner, signalized intersection with 57,000+ vehicles per day.
Rent well below market with significant upside potential.
Lease runs through August 2029 with two 5-year options.
10% rent increases scheduled at each option period.
Located in dense Los Angeles MSA with 718K residents within 5 miles.

Location Description

Carl’s Jr. is strategically located along Rosecrans Avenue in Bellflower, California, with access to a daily traffic count of approximately 57,000+ vehicles at the intersection of Rosecrans Avenue and Woodruff Avenue. The site is surrounded by major national retailers including Starbucks, AutoZone, Wingstop, etc, driving consistent consumer traffic to the area. The property is located near...

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Key Features

Signalized intersection
Hard corner intersection
Major thoroughfare
Near major nationals
Top 100 MSA
Strong demographics
Long 20+ yr lease
Long operation history
Over 2000 units backed
Corporate Guarantee

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Links

Carl’s Jr. Wikipedia Carl’s Jr. Wikipedia Bellflower, CA Zip Code 90706 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Carls Jr.
Guarantor:Corporate
Company:CKE Restaurants Holdings, Inc.

About Tenant

Carl’s Jr. Restaurants LLC (doing business as Carl’s Jr.) is an American fast food restaurant chain with franchises in North and South America, Asian, Oceania, Europe and Africa. The chain’s...

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Listing Broker

Greg Lukosky

Faris Lee Investments

Contact

17 Listings
5222 Views
5 Sold

Jeff Conover

Faris Lee Investments

Contact

35 Listings
8642 Views
19 Sold

Greg Lukosky

Experienced, enthusiastic, and accomplished real estate executive with a distinct advantage of management positions in both Corporate Real Estate and Shopping Center Development. Seeking position with a company that will benefit from a creative and analytical background. Experienced in all aspects and phases of both Asset Management and Development from both the developer/owner and tenant perspective as a result of combined 20+ years within private retail development and corporate real estate.

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Jeff Conover

Jeff Conover was appointed Managing Principal at Faris Lee Investments in 2021 and has 34 years of transactional brokerage experience within the commercial real estate industry across the U.S. As Managing Principal of Faris Lee Investments, a national leading retail advisory and investment sales firm, Mr. Conover is a top producer year-over-year with proven performance specializing in the disposition of single tenant NNN leased investments, multi-tenant shopping centers, national portfolios &am

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Scott DeYoung

Faris Lee Investments

Contact

36 Listings
8679 Views
20 Sold

Shaun Riley

Faris Lee Investments

Contact

5 Listings
1273 Views
0 Sold

Scott DeYoung

As a Senior Managing Director at Faris Lee Investments, Mr. DeYoung was the co-top producer at the Company in 2021. Mr. DeYoung has more than a decade of brokerage experience and currently holds real estate broker licenses in California, Florida, Montana, and Hawaii. Mr. DeYoung is a fifth-generation broker and developer in Southern California, as well as an active real estate investor. In 2021, Mr. DeYoung acquired and disposed of over $26M in commercial real estate as a General Partner. His e

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Shaun Riley

As a Managing Principal at Faris Lee Investments, Shaun Riley leverages his 26 year career in commercial real estate to provide advisory services to investors of retail properties. His hands-on approach and attention to detail provide his clients with the competitive advantage they need in today’s marketplace. Mr. Riley has represented clients in nearly $2 billion of transactions. Since joining Faris Lee Investments in 1998, Mr. Riley has specialized in representing investors in the acquisit

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