Individually Owned Property summary
This exceptional investment opportunity presents a 2,127 square foot Hardee's/Carl's Jr. restaurant located at 502 W Tefft St, Nipomo, CA 93444. The property sits on a 0.74-acre lot and boasts a strong location within a grocery-anchored shopping center (Vons), adjacent to Highway 101 (60,000 cars daily) and on heavily trafficked West Tefft Street (21,500 cars daily). Built in 2003, this single-story building is under an absolute triple-net (NNN) lease with a corporate guarantee, minimizing… landlord responsibilities. The current lease, initiated November 1, 2003, has a remaining term of approximately four years, extending to October 31, 2028. The lease includes two five-year renewal options, with the tenant already exercising one, demonstrating long-term commitment. Rent increases by 10% every five years. The asking price is $2,350,000, representing a price per square foot of $1,105 and a 5.00% cap rate, with a current NOI of $117,132. The land value alone is $72.90 per square foot. This is a rare opportunity to acquire a stable, high-performing restaurant investment with significant upside potential. The property's strategic location and strong tenant history make it an attractive addition to any portfolio.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2024
Value estimate
· Nov 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 2,127 SF
- Lot area
- 0.74 ac
- Year built
- 2004
- APN
- 092-572-022
- Zoning
- CR
- Assessed value · 2024
- $2,016,679
- Annual tax · 2024
- $21,158
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
ed. (See 22.06.030.C regarding uses not listed.) 22.06.030.C See NOTES on next page. TABLE 2-2 - ALLOWABLE LAND USES AND PERMIT REQUIREMENTS LAND USE (1)(2)(10) PERMIT REQUIREMENT BY L.U.C. (3) Specific Use Standards OP…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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- Local Market trends
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- Location Analytics
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Still being built. It lands here next, beside the two above.
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