CARLS JR. LOCATION IN NEWHALL SELLS FOR $2M

by admin

NEWHALL, CALIF. – A 2,700-square-foot property that is currently occupied by Carls Jr. has sold for $2,015,000. The single-tenant, NNN leased property was purchased by PBKL, LLC. Though the sales sum was not disclosed, Faris Lee, which represented the buyer, said the property sold above list price. Matt Mousavi, a director with Faris Lee Investments, executed this all-cash transaction on behalf of PBKL. John Glass of Marcus and Millichap represented the seller, Carl Karcher Enterprises. The deal was a corporate sale-leaseback with Carls Jr. Corporate.

You may also like