Carl's Jr. NNN
For Sale
Contact for pricing
14836 SE Division St, Portland, OR 97236
NNN leased Carl's Jr. with recent extension through 2031.
Property Size3,036 SF
Price / SF$955.20
Days on Market250
Property Features for 14836 SE Division St
General Information
Standard status
Active
Size
3,036 SF
Property subtype
Retail
Occupancy
100%
Investment Type
Net Lease
Net Operating Income
$183,012
Building Details
Year Built
2006
Year Renovated
2020
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
CBRE - Portland
Listed By:
Wes Bochner · License #201246821
Source:
Crexi
Added: Dec 4, 2025
Changed: Aug 8
Last Checked: Aug 11 at 6:09PM
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 - Portland
Investment Insights
Based on property information with market context.
This property is 100% leased to Carl’s Jr., an American fast-food tenant wholly owned by CKE Restaurants Holdings, Inc. Carl’s Jr. operates over 1,000 locations across the US and serves 28 countries worldwide. The location is operated by KB Restaurants, a franchisee with over 35 years of experience managing more than 61 Carl’s Jr. restaurants. JCK Restaurants oversees approximately 89 locations across multiple brands, including Dave’s Hot Chicken, Hawaiian Bros, Human Bean, and Jersey Mike’s. The property is subject to an Absolute NNN lease. Carl’s Jr. recently executed their first option (expiring April 2031) with fixed 10% rent increases every five years and three remaining 5-year renewal options. Constructed specifically for Carl’s Jr’s occupancy in 2006, the high-quality, purpose-built property completed an extensive remodel around 2020. The property is located across the street from a Fred Meyer Anchored Shopping Center with tenants such as 7-Eleven, Starbucks, Chevron, KFC, Jiffy Lube, Dutch Bro’s Coffee, Subway, and Ross. The building size is 3,036 square feet.
Key Highlights
- Absolute NNN Lease: Tenant covers all operating expenses for a passive investment.
- Established Tenant: Leased to Carl's Jr., an international fast‑food brand.
- Recent Lease Extension: Carl's Jr. extended the lease to April 2031, with three 5‑year renewal options.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
393
Businesses Nearby
Explore this area
Business Placement
Demographics for 97236, OR
40,193
Population
13,736
Households
2.9
Avg Household Size
36
Median Age
21%
College-Educated
81%
High-School Grad
7.7 sq mi
ZIP Area
5,220
Density / Sq Mi
$68,582
Median Household Income
$38,131
Median Earnings
$1,436
Median Rent
$414,400
Median Home Value
Market
Vacancy Rate% for Retail in Portland, OR
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - NNN leased Carl's Jr. with recent extension through 2031.
Where is this drive through restaurant located?
The property is located at 14836 SE Division St Portland, OR.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Absolute NNN Lease: Tenant covers all operating expenses for a passive investment.; Established Tenant: Leased to Carl's Jr., an international fast‑food brand.; Recent Lease Extension: Carl's Jr. extended the lease to April 2031, with three 5‑year renewal options.
