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Restaurant

Hardee's

2740 Allison Ln, Jeffersonville, IN 47130

Listing Price: $2,375,000

Cap Rate
6.00%
Tenant Name
Hardee's
Years Remaining On Lease
15.8
Guarantor
Corporate Guarantee
Rentable SF
3,580
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.85

Investment Overview

Restaurant and bar sales accounted for a record share of core retail sales last year, at nearly 18 percent, with quick service and fast casual chains playing a critical role. Many of these restaurants outpaced sit-down and fine-dining franchises in annual sales increases.

Investment Highlights

  • Long-term NNN lease with Hardee's | ±15.5 years remaining with no landlord responsibility
  • Lease is backed by Hardee's premier operator StarCorp LLC and their entire ±160 units | StarCorp has proven to be Hardee's fastest growing franchisee.
  • Strategic Retail Location | Anchored by Meijer Grocer & Kohl's

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Listing Price: $2,375,000

Cap Rate
6.00%
Tenant Name
Hardee's
Years Remaining On Lease
15.8
Guarantor
Corporate Guarantee
Rentable SF
3,580
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.85

Investment Highlights

  • Long-term NNN lease with Hardee's | ±15.5 years remaining with no landlord responsibility
  • Lease is backed by Hardee's premier operator StarCorp LLC and their entire ±160 units | StarCorp has proven to be Hardee's fastest growing franchisee.
  • Strategic Retail Location | Anchored by Meijer Grocer & Kohl's

Investment Overview

Restaurant and bar sales accounted for a record share of core retail sales last year, at nearly 18 percent, with quick service and fast casual chains playing a critical role. Many of these restaurants outpaced sit-down and fine-dining franchises in annual sales increases.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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