Carl’s Jr. Hits the Market: Grab It for a Sizzling $3.4 Million!

Carl’s Jr., which recently reopened its doors on July 1, 2024, is already listed for sale.

The asking price for the newly launched charbroiled burger joint is set at $3.4 million. It occupies a 3,800-square-foot space on John Wayne Parkway near Edison Pointe, along with a 20-year lease, according to real estate brokers.

Alec Miller, acquisitions and dispositions manager for Scottsdale-based developer SimonCRE, indicated that the sale is categorized as an investment opportunity. “It’s for sale as an investment sale,” Miller stated.

Importantly, the business will continue to operate under the existing franchisee, StarCorp LLC, which currently runs over 140 Carl’s Jr. outlets in Arizona and Texas, according to Miller.

After a hiatus, Carl’s Jr. made a comeback in Maricopa five months ago. This location is significant, as it previously housed a Carl’s Jr. that closed in December 2018, now occupied by a Wendy’s on North John Wayne Parkway.

The fast-food chain’s return was initially announced in late 2021, marking a revival among various national brands along John Wayne Parkway, including Taco Bell, Wendy’s, McDonald’s, Burger King, and Sonic.