DCG’s Investment Team, Principal Chris Shanks, CCIM, and Matt DeRicco, as well as Principal Tom Fennell, SIOR, CCIM, successfully represented the seller in the $2,350,000 disposition of 1195 Kietzke Lane to CKE Restaurants, Inc., with a cap rate of 5.13%.

Carl’s Jr. exercised their option to purchase the property and will occupy the 4,227-square-foot building until June 2026. Its prime location features high visibility along the major thoroughfares, Kietzke Lane and Vassar Street, and offers convenient access to Interstate 580 in central Reno. 

Carl’s Jr. Restaurant is owned by CKE Restaurants, with over 3,800 locations in 44 states and 43 foreign countries.