Freestanding Drive-Thru
501 S CHINOWTH ST Visalia, CA 93277
501 S CHINOWTH ST, Visalia, CA, 93277
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For Sale
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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 Market84
Property Features for 501 S CHINOWTH ST
General Information
- Standard status
- Active
- Size
- 5,152 SF
- Property subtype
- Mixed Use
Listing agency
C21 Commercial
(559) 359-4035
Listed by
Jared Ennis · License #CA
Source
Crexi
Added: Apr 29 Updated: Jul 21 at 12:19AM Checked: Jul 21 at 9:01AM
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 C21 Commercial
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
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.3k | $21.60 |
| − Vacancy | −$6.2k | −$1.21 |
| EGI | $105.1k | $20.39 |
| − OpEx | −$26.3k | −$5.10 |
| NOI | $78.8k | $15.29 |
5,152 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Carl's Jr.
Restaurant
Similar For Sale Nearby
FAQs
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
