Description

The Northmarq National Restaurant Group and CIRE Partners present a single-tenant Carl’s Jr. located at 1800 Eureka Way in Redding, California. The property operates under an absolute NNN lease with approximately 2.9 years remaining, along with three ten-year renewal options. With no landlord responsibilities and rent structured as a fixed 8% of gross sales, the investment offers stable income and predictable growth supported by a nationally recognized quick-service restaurant brand. Over the past two years, annual rent has exceeded $88,000, indicating potential upside for the landlord in a future re-leasing scenario. As a percentage-rent lease, the rent-to-sales ratio remains at a strong 8%. The property sits at the signalized intersection of Eureka Way and Court Street, providing visibility to more than 39,000 vehicles per day. It benefits from strong surrounding demographics with over 50,000 nearby residents and is located close to two hospitals with a combined 221 staffed beds, as well as Shasta High School with 1,284 students. The area is further supported by several national retailers including 7-Eleven, ACE Hardware, VCA Animal Hospital, Walgreens, Starbucks, Taco Bell, Burger King, and Wienerschnitzel, generating steady daily traffic and reinforcing the property’s value as a durable investment in Northern California.