About the Property

The subject property is located in San Antonio, Texas. San Antonio is the second-largest city in the state of Texas and the seventh largest city in the United States. Located in South Texas, the city is a cultural gateway into the American Southwest. San Antonio has a population just under 1.3 million as of the 2006 U.S. Census estimate, and is the 4th fastest growing large city in the nation from 2000-2006 in terms of percentage. Its metropolitan area has a population of over 1.9 million. Some of the other national tenants in the surrounding area include: Acura Dealership, AMC Theatres, Borders Books & Music, Chevron Gas Station, Chipotle, Cracker Barrel Old Country Store, Exxon Gas Station, First Community Bank, GNC Vitamins, Hampton Inn, Jack in the Box, Midas Auto Service, Nissan Dealership, Panda Express, Pier 1 Imports, Quality Inn & Suites, Shell Gas Station, and Subway.

Tenant

CKE Restaurants, Inc. is a publicly traded company on the NYSE (sym: CKR). For the year ending January 2007, the company reported revenues of $1.59 billion with a net income of $50.2 million and a stockholder’s equity of $378.9 million. According to the company’s financial statements, the Carl’s Jr. and Hardee’s brand was the most profitable brand and made $82.1 million of net income, a $24.8 million or 43.4% increase, for fiscal 2007.

CKE Restaurants, Inc. (CKE), through its subsidiaries, franchisees and licensees, operates some of the most popular U.S. regional brands in quick-service and fastcasual dining, including the Carl’s Jr., Hardee’s, La Salsa Fresh Mexican Grill and Green Burrito restaurant brands. The CKE system includes 3,105 locations in 43 states and in 13 countries, including 1,087 Carl’s Jr. restaurants, 1,906 Hardee’s restaurants and 96 La Salsa Mexican Grill restaurants.

Detail Information

For more information about this property, please contact a Willis Ventures agent. You can also submit the following form to Willis Ventures and one of our agents will get in touch with you shortly.