10148 Rosecrans Ave Bellflower, CA 90706

This is a freestanding Carl’s Jr. drive-thru restaurant located in Bellflower, California. The property operates on an absolute NNN ground lease, with Carl’s Jr. having occupied the location for 26 years. There are 4 years remaining on the lease term, with two 5-year options to extend. Each option period includes scheduled 10% rental increases. At the end of the lease term, the building reverts to the land owner. The property is positioned in a retail corridor within a densely populated trade area near schools and a medical center. It benefits from proximity to freeway on/off ramps and the urban area of Bellflower. The location features a drive-thru. The property is located at a hard corner location at the intersection of Rosecrans Ave. and Woodruff Ave., which experiences 57,000 vehicles per day. It is also near the 105 Freeway (233,000 VPD) and 605 Freeway (285,000 VPD). The surrounding area has over 290,000 residents within a 3-mile radius and average annual household incomes exceeding $100,000. Nearby are Bellflower Middle/High School (2,000 students), St. John Bosco High School (800 students), Norwalk High School (2,000 students) and Kaiser Permanente Downey Medical Center (5,585 on site employees). The property is situated in a densely populated urban area. The building area is 3,050 square feet. The current annual rent is $137,500.