Hardee's - Net Lease Property for Sale
Hamilton, AL
Key Investment Metrics
Price
$1,616,215
Cap Rate
7.0%
Net Operating Income
$113,135
Building Size
3275 SF
Lot Size
3,275 SF
Land Area
1 Acres
Remaining Term
2.2 years
Lease Expiration
09/30/2028
Lease Term
20 years
Lease Commencement
10/01/2008
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
1979
Occupancy
100%
Tenancy
Single
Rent Increases
10% Increases Every 5 Years
About This Hardee's Net Lease Property
This Hardee's NNN (triple net lease) property is located in Hamilton, AL and represents an excellent investment opportunity for commercial real estate investors. The property features 3275 square feet of building space and was built in 1979.
With a cap rate of 7.0%, this Hardee's net lease property offers stable income potential. The asking price is $1,616,215, 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.
Hamilton, AL Market Overview
Located in Hamilton, AL, this Hardee's property benefits from strong local demographics and market fundamentals. The Hamilton area offers excellent visibility and accessibility, making it an ideal location for Hardee's operations and a solid investment for net lease property buyers.