Carl's Jr

Absolute NNN Lease – Tenant is responsible for all expenses providing an investor with passive income for the next 3.2 years and zero landlord responsibilities.
Signalized Corner Location – Situated at a highly visible four-way signalized intersection with combined traffic counts of 47,600 VPD, enhancing drive-thru and impulse traffic.
Experienced Franchise Operator – Operated by StarCorp LLC, one of the largest Carl’s Jr. franchisees in the country with 150+ locations nationwide, offering financial stability and experienced management throughout ownership.
Attractive Percentage Rent – Lease features 10% rent increases every five years and percentage rent of 9.5% of gross sales over $1,100,000, providing upside participation and a hedge against inflation.
Limited Internal Competition – The subject property benefits from limited brand cannibalization, with the nearest Carl’s Jr. located 4.8 miles away.
Long-Term Historical Occupancy – Carl’s Jr. has successfully operated at this location for approximately 27 years (since 1999).
Strategic Airport Proximity – Ideally positioned adjacent to Tucson International Airport, capturing consistent traffic from travelers, airport employees, and surrounding hospitality and industrial uses.
Dense & Growing Demographics – The property benefits from 134,027 residents within a five-mile radius, with projected population growth of 1.7% over the next five years.
Major Employment Corridor – Located along a primary commuting route within a heavy industrial and logistics corridor supporting 40,605 employees, including major employers such as Raytheon and Amazon.
Expanding National Tenant – Carl’s Jr. continues to demonstrate brand momentum with 1,000+ U.S. locations and over 1,600 restaurants worldwide, supported by active franchise development programs and expansion into new domestic and international markets.

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David Harrington