Hardee's for Sale in Sellersburg, IN
Sellersburg, IN
Key Investment Metrics
Price
$2,168,000
Cap Rate
6.0%
Net Operating Income
$130,080
Building Size
1828 SF
Land Area
0.64 Acres
Remaining Term
17.4 years
Lease Expiration
11/29/2042
Lease Term
20 years
Lease Commencement
11/29/2022
Lease Type
Absolute NNN
Year Built
2022
Tenancy
Single
Rent Increases
10% Every 5 Years
Property overview
Hardee's in Sellersburg
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 1,828 SF
- Land area
- 0.64 acres
- Year built
- 2022
- Lease type
- Absolute NNN
- Lease expiration
- 11/29/2042
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.