19312 93 Hwy White Hills, AZ 86445
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 19312 93 Hwy
- Year built
- 2022
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- White Hills
- County
- Mohave
- State
- Arizona
- Longitude
- -114.468
- Latitude
- 35.6839