Overview
Carl's Jr. NNN Lease
This property features a long-term corporate NNN lease to Carl's Jr. with approximately 6 years remaining and no landlord responsibilities. Carl's Jr. has operated at this location for 40 years with previous extensions exercised. The property is situated adjacent to highly trafficked US-101, which sees 108,000 average daily traffic, in Sonoma County. It's located off Redwood Drive near its intersection with Rohnert Park Expressway, which sees a combined 44,559 average daily traffic. The location is convenient within a dense retail corridor, surrounded by retailers including Target, Costco, FoodMaxx, PetSmart, Dollar Tree, Starbucks, Panda Express, and Office Depot. The estimated sales exceed $500 million in this retail corridor. A built-in customer base is present, surrounded by schools, commercial space, attractions, and residential neighborhoods. It is less than 3 miles from Sonoma State University, which has 10,486 students and staff, and 2.5 miles from Rancho Cotate High School, which has 1,674 students. The property is 1.2 miles from Graton Resort & Casino, which has 2.9 million annual visits. It is half a mile from the largest pickleball facility in the North Bay, including a gym, wellness center, and health club, expected in Q4 2025. The property benefits from robust demographics in Rohnert Park, with an average household income of $127,859 within a 3-mile radius. It is part of the Santa Rosa-Petaluma MSA, with a population of over 485,000. The property is 6.5 miles from the city of Santa Rosa and 45 miles north of San Francisco. The property size is 3,414 square feet.
