Carl’s Jr. NNN
For Sale
Contact for pricing
1020 E 16th St, Yuma, AZ 85365
Single-tenant property occupied by Carl’s Jr. with immediate Interstate 8 access.
Property Size4,276 SF
Price / SF$528.73
Days on Market159
Property Features for 1020 E 16th St
General Information
Standard status
Active
Size
4,276 SF
Property subtype
Retail
Zoning
General Commercial (B-2)
Occupancy
100%
Lease Type
NNN
Additional Details
Highway Access
Yes
Building Details
Year Built
2000
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
CBRE - Orange County
(949) 725-8625
Listed By:
Arthur Flores · License #CA 01423821
Source:
Crexi
Added: Mar 25
Changed: Aug 29
Last Checked: Aug 29 at 6:48PM
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 CBRE - Orange County
Investment Insights
Based on property information with market context.
This 4,276-square-foot NNN property is a single-tenant Carl’s Jr. restaurant in Yuma, Arizona. Constructed in 2000, the building is 100% occupied and located at 1020 E. 16th St. The property carries General Commercial (B-2) zoning.
Positioned along E. 16th Street, the asset benefits from freeway visibility and immediate access to Interstate 8. The surrounding corridor is identified as Yuma’s primary retail corridor, providing a retail-oriented setting for the existing restaurant use.
Positioned along E. 16th Street, the asset benefits from freeway visibility and immediate access to Interstate 8. The surrounding corridor is identified as Yuma’s primary retail corridor, providing a retail-oriented setting for the existing restaurant use.
Key Highlights
- 4,276‑square‑foot single‑tenant Carl’s Jr. property
- 100% occupied by Carl’s Jr.
- Constructed in 2000
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$153,738
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,074,760
$3.1M
Cap Rate 7%
$2,196,257
$2.2M
Cap Rate 9%
$1,708,200
$1.7M
Market Conditions
NOI Build-Up for 4,276 SF
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.
Gross rent
$214.0K $50.04/SF
− Vacancy
−$9.0K −$2.10/SF
EGI
$205.0K $47.94/SF
− OpEx
−$51.2K −$11.98/SF
NOI
$153.7K $35.95/SF
Area
Yuma County, AZ
Vacancy
4.20%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,074,760
Cap Rate 7%
$2,196,257
Cap Rate 9%
$1,708,200
Alternative Uses
Best Use
Specialty Retail
$2.20M
$1.92M – $2.56M
NOI $153,738 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
715
Businesses Nearby
354k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 30%
Apparel 20%
Electronics 5%
Kohl's
Apparel
47,192 visits/mo
0.4 miles
ARCO
Shops & Services
36,807 visits/mo
0.0 miles
McDonald's
Dining
35,018 visits/mo
0.2 miles
Texas Roadhouse
Dining
27,498 visits/mo
0.1 miles
Burlington
Apparel
23,184 visits/mo
0.5 miles
Demographics for 85365, AZ
50,166
Population
26,353
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
87%
High-School Grad
1,349.0 sq mi
ZIP Area
37
Density / Sq Mi
$68,358
Median Household Income
$40,107
Median Earnings
$1,259
Median Rent
$189,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant property occupied by Carl’s Jr. with immediate Interstate 8 access.
Where is this nnn property located?
The property is located at 1020 E 16th St Yuma, AZ.
What is the asking price?
The asking price for this property is $2,260,870.
What are key features of this property?
This property features: 4,276‑square‑foot single‑tenant Carl’s Jr. property; 100% occupied by Carl’s Jr.; Constructed in 2000
