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Absolute NNN Steakhouse Investment

1470 N Cherry St Tulare, CA 93274

1470 N Cherry St, Tulare, CA, 93274
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For Sale
Contact for pricing
Pending

Fee simple ownership offered with an absolute NNN lease and zero landlord obligations for an established steakhouse.

Days on Market102

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 Updated: Jul 20 at 5:51PM Checked: Jul 21 at 12:08PM

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.

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

Location Intelligence

Current Use by Public Records

Cool Hand Luke's ... Restaurant

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Parking Lot & Garage HVAC Service Gym & Fitness Center (Bike/Boat/Book/etc) Store Hair Salon Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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