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
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