Hardee's - Net Lease Property for Sale
Tar Heel, NC
Key Investment Metrics
Price
$1,825,000
Cap Rate
6.4%
Net Operating Income
$117,480
Building Size
2446 SF
Lot Size
2,446 SF
Land Area
1.83 Acres
Remaining Term
10.9 years
Lease Expiration
05/31/2037
Lease Term
20.1 years
Lease Commencement
05/10/2017
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2017
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years (Next Bmp May 2027)
About This Hardee's Net Lease Property
This Hardee's NNN (triple net lease) property is located in Tar Heel, NC and represents an excellent investment opportunity for commercial real estate investors. The property features 2446 square feet of building space and was built in 2017.
With a cap rate of 6.4%, this Hardee's net lease property offers stable income potential. The asking price is $1,825,000, 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.
Tar Heel, NC Market Overview
Located in Tar Heel, NC, this Hardee's property benefits from strong local demographics and market fundamentals. The Tar Heel area offers excellent visibility and accessibility, making it an ideal location for Hardee's operations and a solid investment for net lease property buyers.