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Restaurant

Hardee's

901 Bluefield Ave, Bluefield, WV 24701

Listing Price: $1,050,000

Cap Rate
9.10%
Tenant Name
Hardee's
Years Remaining On Lease
3.8
Guarantor
Franchisee Guarantee
Rentable SF
3,606
Lease Type
Absolute Net
Rent Per Square Feet
$26.50

Investment Overview

The subject property is a single-tenant, freestanding Hardee’s restaurant absolute net leased to Mountain Star, LLC (dba Hardee’s). The lease calls for 1.5% annual rent increases. The property is located on Bluefield Avenue, the city’s main arterial, with nearby tenants including McDonald’s, Dollar General, AutoZone, Dairy Queen, NAPA Auto Parts, and others. There are more than 23,000 residents in a 5-mile radius with an average household income exceeding $60,000. Hardee’s is two blocks from Bluefield State University, the region's leading institution of higher education.

Investment Highlights

  • Absolute NNN Leased Investment
  • Strong 9.10% Cap Rate
  • Excellent Location on Primary Arterial
  • 1.5% Annual Rent Increases
  • 21-Unit Entity on the Lease

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) WV: WVB220300809

    West Virginia

Listing Price: $1,050,000

Cap Rate
9.10%
Tenant Name
Hardee's
Years Remaining On Lease
3.8
Guarantor
Franchisee Guarantee
Rentable SF
3,606
Lease Type
Absolute Net
Rent Per Square Feet
$26.50

Investment Highlights

  • Absolute NNN Leased Investment
  • Strong 9.10% Cap Rate
  • Excellent Location on Primary Arterial
  • 1.5% Annual Rent Increases
  • 21-Unit Entity on the Lease

Investment Overview

The subject property is a single-tenant, freestanding Hardee’s restaurant absolute net leased to Mountain Star, LLC (dba Hardee’s). The lease calls for 1.5% annual rent increases. The property is located on Bluefield Avenue, the city’s main arterial, with nearby tenants including McDonald’s, Dollar General, AutoZone, Dairy Queen, NAPA Auto Parts, and others. There are more than 23,000 residents in a 5-mile radius with an average household income exceeding $60,000. Hardee’s is two blocks from Bluefield State University, the region's leading institution of higher education.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): WV: WVB220300809

    West Virginia

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