Absolute NNN Steakhouse
For Sale
Contact for pricing
Pending
1470 N Cherry St, Tulare, CA 93274
Fee simple ownership offered with an absolute NNN lease and zero landlord obligations for an established steakhouse.
Days on Market114
Property Features for 1470 N Cherry St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Seattle
Listed By:
Hank Wolfer · License #WA 110547
Source:
Crexi
Added: Apr 11
Changed: Jul 20
Last Checked: Aug 2 at 10:31AM
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 Marcus & Millichap - Seattle
Investment Insights
Based on property information with market context.
Marcus & Millichap offers fee simple ownership of Cool Hand Luke’s Steakhouse, operating at the location since 2016. The offering includes an absolute NNN lease with zero landlord obligations, providing a defined structure for ownership.
The restaurant is located off Cherry St with visibility and easy access off Highway 99 in Tulare, CA. The site benefits from proximity to the Tulare Outlets and the Monte Vista Shopping Center, and it is adjacent to the La Quinta Inn and the Casa Del Rey, an 83-unit apartment complex. The area draws traffic from Highway 99, cited at 60,000+ cars daily.
The business serves 76,000+ residents within 5 miles, and the property’s operating history reflects a steady increase in sales year over year.
The restaurant is located off Cherry St with visibility and easy access off Highway 99 in Tulare, CA. The site benefits from proximity to the Tulare Outlets and the Monte Vista Shopping Center, and it is adjacent to the La Quinta Inn and the Casa Del Rey, an 83-unit apartment complex. The area draws traffic from Highway 99, cited at 60,000+ cars daily.
The business serves 76,000+ residents within 5 miles, and the property’s operating history reflects a steady increase in sales year over year.
Key Highlights
- Fee simple ownership of Cool Hand Luke’s Steakhouse in Tulare, CA
- Absolute NNN lease offered with zero landlord obligations
- Restaurant operating at the location since 2016 with year‑over‑year sales growth
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,117
Businesses Nearby
Explore this area
Business Placement
Demographics for 93274, CA
78,493
Population
24,493
Households
3.2
Avg Household Size
31
Median Age
11%
College-Educated
75%
High-School Grad
219.2 sq mi
ZIP Area
358
Density / Sq Mi
$69,905
Median Household Income
$37,434
Median Earnings
$1,334
Median Rent
$300,900
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 - Fee simple ownership offered with an absolute NNN lease and zero landlord obligations for an established steakhouse.
Where is this nnn property located?
The property is located at 1470 N Cherry St Tulare, CA.
What are key features of this property?
This property features: Fee simple ownership of Cool Hand Luke’s Steakhouse in Tulare, CA; Absolute NNN lease offered with zero landlord obligations; Restaurant operating at the location since 2016 with year‑over‑year sales growth
