Restaurant
Hardee's
916 Virginia Ave, Clarksville, VA 23927
Listing Price: $1,030,000
Cap Rate
7.50%
Tenant Name
Boddie-Noell Enterprises, Inc.
Years Remaining On Lease
3.4
Gross SF
3,820
Guarantor
Franchisee Guarantee
Rentable SF
3,820
Price/Gross SF
$269.63
Lease Type
Absolute Net
Rent Per Square Feet
$20.22
Investment Overview
The subject property is a franchisee guaranteed, absolute NNN leased Hardee's located in Clarksville, Virginia.
Listing Price: $1,030,000
Cap Rate
7.50%
Tenant Name
Boddie-Noell Enterprises, Inc.
Years Remaining On Lease
3.4
Gross SF
3,820
Guarantor
Franchisee Guarantee
Rentable SF
3,820
Price/Gross SF
$269.63
Lease Type
Absolute Net
Rent Per Square Feet
$20.22
Investment Highlights
- Tenant is the largest Hardee's franchisee – operating 340 locations in four states
- Lease includes Percentage Rent Clause
- Very consistent Store-Level Sales (contact agent for details)
- Renovated in 2015
Investment Overview
The subject property is a franchisee guaranteed, absolute NNN leased Hardee's located in Clarksville, Virginia.
