Freestanding Drive-Thru
For Sale
$1,900,000
501 S Chinowth St, Visalia, CA 93277
Freestanding drive-thru restaurant space with an operational kitchen and dining areas, occupied by Carl's Jr. with lease ending 6/30/26.
Property Size5,152 SF
Price / SF$368.79
Days on Market167
Property Features for 501 S Chinowth St
General Information
Standard status
Active
Size
5,152 SF
Property subtype
Restaurant
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Commercial Hood
Yes
Building Details
Building Size
5,152 SF
Tenancy
Single
Properties For Sale
at 501 S Chinowth St
Former Carl's Jr.
Size
5,152 SF
Lease Type
NNN
Listing Agency:
KW Commercial - Central California
Listed By:
Jared Ennis
(559) 705-1000
Source:
Thebrokerlist
Added: May 8
Changed: Oct 5
Last Checked: Oct 20 at 5:08PM
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 KW Commercial - Central California
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This ±5,152 SF freestanding drive-thru restaurant space is currently occupied by Carl's Jr., with a lease set to end on 6/30/26. The functional floorplan includes an up-to-date, formerly operational kitchen with a hood, range, oven, flat top, grill, several refrigerators, fryers, and freezers, along with large open dining areas and a separate kitchen and food preparation area. The space also includes multiple restrooms.
The property is located on a border corner lot within the Mineral King Shopping Plaza, offering visibility from W Noble Ave and S Chinowth St. It is situated next to a major CA-198 off-ramp.
The owner is working with Carl's Jr. regarding the kitchen equipment, with no guarantees stated as part of the listing.
The property is located on a border corner lot within the Mineral King Shopping Plaza, offering visibility from W Noble Ave and S Chinowth St. It is situated next to a major CA-198 off-ramp.
The owner is working with Carl's Jr. regarding the kitchen equipment, with no guarantees stated as part of the listing.
Key Highlights
- ±5,152 SF freestanding drive‑thru restaurant space in Visalia, CA
- Occupied by Carl's Jr.; lease ends 6/30/26
- Formerly operational, functional kitchen with hood, range, oven, flat top, grill, refrigerators, fryers, and freezers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,789
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,575,780
$1.6M
Cap Rate 7%
$1,125,557
$1.1M
Cap Rate 9%
$875,433
$875.4K
Market Conditions
NOI Build-Up for 5,152 SF
Gross rent
$111.3K $21.60/SF
− Vacancy
−$6.2K −$1.21/SF
EGI
$105.1K $20.39/SF
− OpEx
−$26.3K −$5.10/SF
NOI
$78.8K $15.29/SF
Area
Visalia, CA
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,575,780
Cap Rate 7%
$1,125,557
Cap Rate 9%
$875,433
Alternative Uses
Best Use
Specialty Retail
$1.13M
$984.9K – $1.31M
NOI $78,789 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.65M
NOI $98,795 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
644
Businesses Nearby
156k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 25%
Groceries 19%
Hotels & Casinos 3%
McDonald's
Dining
31,002 visits/mo
0.3 miles
Save Mart
Groceries
29,905 visits/mo
0.4 miles
Dollar Tree
Shops & Services
20,142 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
14,743 visits/mo
0.4 miles
Burger King
Dining
14,361 visits/mo
0.4 miles
Demographics for 93277, CA
53,196
Population
19,434
Households
2.7
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
39.4 sq mi
ZIP Area
1,350
Density / Sq Mi
$79,532
Median Household Income
$43,555
Median Earnings
$1,406
Median Rent
$320,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freestanding drive-thru restaurant space with an operational kitchen and dining areas, occupied by Carl's Jr. with lease ending 6/30/26.
Where is this drive through restaurant located?
The property is located at 501 S Chinowth St Visalia, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: ±5,152 SF freestanding drive‑thru restaurant space in Visalia, CA; Occupied by Carl's Jr.; lease ends 6/30/26; Formerly operational, functional kitchen with hood, range, oven, flat top, grill, refrigerators, fryers, and freezers
