Restaurant
Corporate Hardee’s – High Performer - $1.3m (Placer)
42471 US-280, Sylacauga, AL 35150
Listing Price: $1,110,000
Cap Rate
6.02%
Tenant Name
Hardee's
Years Remaining On Lease
7.1
Guarantor
Corporate Guarantee
Rentable SF
2,024
Lease Type
Absolute Net
Rent Per Square Feet
$33.02
Investment Overview
42471 US-280, Sylacauga, AL
Corporate Hardee’s – High Performer - $1.3m (Placer)
Investment Highlights
- ABSOLUTE-NET LEASE | ZERO LANDLORD RESPONSIBILITY: Hardee's Operates Under An Absolute Net Lease (Zero Landlord Responsibilities).
- CONTRACTUAL ESCALATION | 10% EVERY 5 YEARS: A Fixed 10% Rent Increase Every Five Years Is Embedded, Providing Contractual Upside Over The Remainder Of The Term.
- LONG-TERM VISIBILITY | 7+ YEARS REMAINING: With Nearly A Decade Of Term Remaining And Programmed Escalations, The Investment Offers Durable Cash Flow Visibility.
- PROVEN FRANCHISE SYSTEM | ROBUST UNIT BASE: Operator's System Features Thousands Of Franchised Or Company-Operated Locations Across The U.S.
- EXPERIENCED RESTAURANT BRAND | NATIONAL SCALE: Hardee's Is Backed By Parent Company CKE Restaurants (Operator Of Hardee's And Carl's Jr.), Which Supports System Resources, Brand Strength, And Scale.
- STRONG BRAND METRICS | SOLID AVERAGE UNIT VOLUMES: Hardee's Reported U.S. Systemwide Sales Of ~$2.4 billion In 2024, With AUV Around $1.16 million And An Estimated ~1,707 Stores Systemwide (1,512 Franchised) Per QSR Reporting.
- FAVORABLE SITE FUNDAMENTALS | HIGH VISIBILITY ON US-280: At 2.21 Acres With A 3,500 SF Building, The Site Benefits From Drive-By Exposure Along US-280 And Access In A Regional Alabama Submarket.
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Listing Price: $1,110,000
Cap Rate
6.02%
Tenant Name
Hardee's
Years Remaining On Lease
7.1
Guarantor
Corporate Guarantee
Rentable SF
2,024
Lease Type
Absolute Net
Rent Per Square Feet
$33.02
Investment Highlights
- ABSOLUTE-NET LEASE | ZERO LANDLORD RESPONSIBILITY: Hardee's Operates Under An Absolute Net Lease (Zero Landlord Responsibilities).
- CONTRACTUAL ESCALATION | 10% EVERY 5 YEARS: A Fixed 10% Rent Increase Every Five Years Is Embedded, Providing Contractual Upside Over The Remainder Of The Term.
- LONG-TERM VISIBILITY | 7+ YEARS REMAINING: With Nearly A Decade Of Term Remaining And Programmed Escalations, The Investment Offers Durable Cash Flow Visibility.
- PROVEN FRANCHISE SYSTEM | ROBUST UNIT BASE: Operator's System Features Thousands Of Franchised Or Company-Operated Locations Across The U.S.
- EXPERIENCED RESTAURANT BRAND | NATIONAL SCALE: Hardee's Is Backed By Parent Company CKE Restaurants (Operator Of Hardee's And Carl's Jr.), Which Supports System Resources, Brand Strength, And Scale.
- STRONG BRAND METRICS | SOLID AVERAGE UNIT VOLUMES: Hardee's Reported U.S. Systemwide Sales Of ~$2.4 billion In 2024, With AUV Around $1.16 million And An Estimated ~1,707 Stores Systemwide (1,512 Franchised) Per QSR Reporting.
- FAVORABLE SITE FUNDAMENTALS | HIGH VISIBILITY ON US-280: At 2.21 Acres With A 3,500 SF Building, The Site Benefits From Drive-By Exposure Along US-280 And Access In A Regional Alabama Submarket.
Investment Overview
42471 US-280, Sylacauga, AL
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
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