Restaurant
Hardee's
901 Bluefield Ave, Bluefield, WV 24701
Listing Price: $1,050,000
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
Listing Price: $1,050,000
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
