Property summary
This exceptional investment opportunity presents a Carl's Jr. fast-food restaurant located at 19312 North 93 Highway, White Hills, Arizona, 86445. The property, built in 2022, offers a 20-year absolute triple-net (NNN) lease with LV Petroleum LLC, a rapidly growing 13-unit franchisee with over 15 years of operating experience. The lease features a 2% annual rent increase, providing consistent income growth. The current net operating income (NOI) is $244,688, yielding a 6.75% capitalization rate. The property boasts 100% occupancy and benefits from its strategic location on a major trucking route between Las Vegas and Phoenix, near a large truck stop with significant fuel sales. This prime location, close to the Grand Canyon West Entrance, Hoover Dam, and Lake Mead, ensures high traffic volume. The strong tenant, LV Petroleum LLC, provides a substantial personal and corporate guarantee, further enhancing the investment's security. The lease structure includes six initial 5-year options, offering long-term stability and predictable returns. This is a rare opportunity to acquire a high-performing, well-located QSR property with a strong tenant and attractive financial metrics. The property is situated in Mohave County, Arizona, the fifth largest county in the state, with a population of 213,267.
Property profile
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Location
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Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
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