Hardee's - Net Lease Property for Sale
Belleview, FL
Key Investment Metrics
Price
$2,700,000
Cap Rate
6.0%
Net Operating Income
$162,000
Building Size
3053 SF
Lot Size
3,053 SF
Land Area
1.2 Acres
Remaining Term
12.9 years
Lease Expiration
12/01/2038
Lease Term
20 years
Lease Commencement
01/01/2018
Lease Type
Absolute NNN
Tenant Credit
Franchisee, Corporate Guarantee
Year Built
2016
Occupancy
100%
Tenancy
Single
Rent Increases
8%
About This Hardee's Net Lease Property
This Hardee's NNN (triple net lease) property is located in Belleview, FL and represents an excellent investment opportunity for commercial real estate investors. The property features 3053 square feet of building space and was built in 2016.
With a cap rate of 6.0%, this Hardee's net lease property offers stable income potential. The asking price is $2,700,000, making it an attractive option for 1031 exchange investors seeking quality Hardee's commercial properties.
Why Invest in Hardee's NNN Properties?
- Stable Income: Hardee's net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Hardee's is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Belleview, FL Market Overview
Located in Belleview, FL, this Hardee's property benefits from strong local demographics and market fundamentals. The Belleview area offers excellent visibility and accessibility, making it an ideal location for Hardee's operations and a solid investment for net lease property buyers.