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Restaurant

Hardee's

1286 E Ash St, Piqua, OH 45356

Listing Price: $1,605,000

Cap Rate
6.24%
Tenant Name
Hardees
Years Remaining On Lease
15.5
Guarantor
Franchisee Guarantee
Rentable SF
2,855
Lease Type
Absolute Net
Rent Per Square Feet
$35.13

Investment Overview

Marcus & Millichap is proud to present a free standing single-tenant Hardee's featuring 15.6 years remaining on a NNN lease with four additional, 5-yr options.

Investment Highlights

  • Long Term NNN Lease: The property benefits from 15.6 Years Remaining on the current Lease Term with Four, 5-YR Additional Options | Zero Landlord Responsibilities
  • Midwest First Star is a successful franchisee of CKE with over 30 Hardee's.
  • Outparcel to the Miami Valley Crossing Shopping Center which includes Piqua Shopping Mall, Home Depot, Walmart Supercenter, and More.
  • Fronting the main commercial corridor E Ash Street, which sees over 15,789 Vehicles Per Day and surrounded by National Retailers including Dairy Queen, McDonald's, Planet Fitness, Starbucks, and More.
  • Positioned directly off I-75 (50,710 VPD) with immediate access to the on/off ramps.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director / Chief Revenue Officer

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Restaurant

Hardee's

Listing Price: $1,605,000

Cap Rate
6.24%
Tenant Name
Hardees
Years Remaining On Lease
15.5
Guarantor
Franchisee Guarantee
Rentable SF
2,855
Lease Type
Absolute Net
Rent Per Square Feet
$35.13

Investment Highlights

  • Long Term NNN Lease: The property benefits from 15.6 Years Remaining on the current Lease Term with Four, 5-YR Additional Options | Zero Landlord Responsibilities
  • Midwest First Star is a successful franchisee of CKE with over 30 Hardee's.
  • Outparcel to the Miami Valley Crossing Shopping Center which includes Piqua Shopping Mall, Home Depot, Walmart Supercenter, and More.
  • Fronting the main commercial corridor E Ash Street, which sees over 15,789 Vehicles Per Day and surrounded by National Retailers including Dairy Queen, McDonald's, Planet Fitness, Starbucks, and More.
  • Positioned directly off I-75 (50,710 VPD) with immediate access to the on/off ramps.

Investment Overview

Marcus & Millichap is proud to present a free standing single-tenant Hardee's featuring 15.6 years remaining on a NNN lease with four additional, 5-yr options.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director / Chief Revenue Officer

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

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