Carl’s Jr. NNN
For Sale
Contact for pricing
100 North Walnut Road, Turlock, CA 95380
Established restaurant property occupied by Carl’s Jr. under an NNN lease structure.
Property Size4,117 SF
Price / SF$423.37
Days on Market9
Property Features for 100 North Walnut Road
General Information
Standard status
Active
Size
4,117 SF
Property subtype
Retail
Lease Type
Absolute NNN
Net Operating Income
$82,800
Building Details
Year Built
1983
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Sanil Doshi · License #02251769
Source:
Crexi
Added: Jul 28
Changed: Aug 4
Last Checked: Aug 4 at 7:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Investment Insights
Based on property information with market context.
This NNN commercial property is occupied by Carl’s Jr. and was constructed in 1983. The asset is associated with a long-standing restaurant operation, with more than 40 years at the same corner.
The property is located at 100 North Walnut Road in Turlock, California, within the 95380 ZIP code. Its established location and existing branded restaurant occupancy provide the primary property context.
The property is located at 100 North Walnut Road in Turlock, California, within the 95380 ZIP code. Its established location and existing branded restaurant occupancy provide the primary property context.
Key Highlights
- Carl’s Jr. occupancy under an NNN lease structure
- Restaurant operation established at the same corner for 40+ years
- 1983 construction year
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.9k | $21.60 |
| − Vacancy | −$3.7k | −$0.91 |
| EGI | $85.2k | $20.69 |
| − OpEx | −$21.3k | −$5.17 |
| NOI | $63.9k | $15.52 |
4,117 SF · lease $21.60/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$912.8K
$798.7K – $1.06M
NOI $63,894 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,948 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Explore this area
Business Placement
Demographics for 95380, CA
42,912
Population
15,682
Households
2.7
Avg Household Size
34
Median Age
18%
College-Educated
73%
High-School Grad
77.2 sq mi
ZIP Area
556
Density / Sq Mi
$68,308
Median Household Income
$39,002
Median Earnings
$1,348
Median Rent
$410,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Established restaurant property occupied by Carl’s Jr. under an NNN lease structure.
Where is this nnn property located?
The property is located at 100 North Walnut Road Turlock, CA.
What is the asking price?
The asking price for this property is $1,743,000.
What are key features of this property?
This property features: Carl’s Jr. occupancy under an NNN lease structure; Restaurant operation established at the same corner for 40+ years; 1983 construction year
