5900 SW 45th Avenue
Amarillo, TX 79109
New Long Term Absolute Net (NNN) Lease:
-New 20 Year Absolute NNN Lease provides an investor Stable Cash Flow with zero Landlord responsibilities.
-The Billboard lease provides additional income for 10 years helping to increase the overall return and cash flow.
-This is a Fee Simple Interest – Land & Building sale, not a Ground Lease, allowing an investor to realize potential upside by using deprecation to increase the overall return.
-Six (6) 5-Year Options to Renew at set rental increases.
-New construction (2015) featuring the latest Carl’s Jr. prototype exterior and interiors.
-The property is well located on the west side of town, where the majority of new commercial development and new luxury homes are being built.
Strong National Brand:
-The CKE Restaurant Brands, Carl’s Jr. & Hardee’s, operate over 3,664 locations in 44 states and 38 foreign countries. In the past few years they have continually added new stores, boosted AUV (Average Unit Volume), and increased revenue at a manageable pace.
Highly Visible Location in Mature Trade Area:
-Well located, the store is on a major east-west thoroughfare, SW 45th Ave., with over 30,000 cars passing the site daily. At the intersection of SW 45th Ave. & Bell St., there are over 60,000 cars passing daily each with clear visibility of the Carl’s Jr. store.
-Amarillo High School, enrollment 2,248, is a short walk from the restaurant and frequented by students at lunch.
-Within in 3-miles of the store there are approx. 94,000 residents earning a household income of $76,270. Population in the immediate trade area is projected to grow by 1% annually, while incomes are expected to rise by 1.83% annually over the next five years.
The lease is personally guaranteed by the franchisee, an experienced restaurant operator. *Contact agent for more details.